Your email has been sent.
1383 Washington St 1,200 SF of Retail Space Available in Newton, MA 02465
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200 SF | 1-2 Years | $55.84 CAD/SF/YR $4.65 CAD/SF/MO $67,004 CAD/YR $5,584 CAD/MO | Modified Gross |
1st Floor
Turnkey restaurant space available! Formerly home to the well-known Shogun Sushi, this fully built-out restaurant offers an incredible opportunity for a new concept to thrive. The space features a functional commercial kitchen, existing dining area infrastructure, and all major utilities in place. Excellent visibility with strong foot and vehicle traffic, located in a busy retail corridor surrounded by shops, offices, and residential communities. Owner only open to 1-2 years max lease. Perfect for catering, personal chef, start up restaurant, etc.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 1383 WASHINGTON ST, NEWTON, MA 02465
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Hillman Homes
- Real Estate
- 1
- -
- Terrio HVAC
- Construction
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Hillman Homes | Real Estate | 1 | - |
| Terrio HVAC | Construction | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,200 SF | Gross Leasable Area | 7,026 SF |
| Property Type | Retail | Year Built | 1910 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,200 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,026 SF |
| Year Built | 1910 |
ABOUT THE PROPERTY
Turnkey restaurant space available! Formerly home to the well-known Shogun Sushi, this fully built-out restaurant offers an incredible opportunity for a new concept to thrive. The space features a functional commercial kitchen, existing dining area infrastructure, and all major utilities in place. Large basement included with walk-in built-in and extra fridge. Storage space and more. Excellent visibility with strong foot and vehicle traffic, located in a busy retail corridor surrounded by shops, offices, and residential communities. Owner only open to 1-2 years max lease. Perfect for catering, personal chef, start up restaurant, etc.
NEARBY MAJOR RETAILERS
Presented by
1383 Washington St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.