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Ballardvale Marketplace 206 Ballardvale St 3,903 SF of Retail Space Available in Wilmington, MA 01887
HIGHLIGHTS
- Strong population and great daytime work force
- Nearby office and industrial space
- Co-Tenants: Dunkin Donuts, Subway, hair salon, dental & c-store
- ADT I-93: 156,277
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste End cap | 3,903 SF | 10’ | 10 Years | $53.04 CAD/SF/YR $4.42 CAD/SF/MO $207,034 CAD/YR $17,253 CAD/MO | Triple Net (NNN) |
1st Floor, Ste End cap
RESTAURANT SPACE FOR LEASE 3,903 SF plus 1,262 SF lower level
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Finished Ceilings: 10’
- Basement
- Basement storage
- End cap 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 BALLARDVALE MARKETPLACE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Dunkin'
- Donut Shop
- 11,794
- International
- Pancho's Cantina
- Restaurant
- 1
- -
- Subway
- Sub Sandwich
- 28,950
- International
- Sweet Pizza
- Restaurant
- 1
- Local
- Wilmington Dental Group, PC
- Health Care and Social Assistance
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Dunkin' | Donut Shop | 11,794 | International |
| Pancho's Cantina | Restaurant | 1 | - |
| Subway | Sub Sandwich | 28,950 | International |
| Sweet Pizza | Restaurant | 1 | Local |
| Wilmington Dental Group, PC | Health Care and Social Assistance | 1 | Local |
PROPERTY FACTS
| Total Space Available | 3,903 SF | Gross Leasable Area | 13,888 SF |
| Property Type | Retail | Year Built | 2014 |
| Property Subtype | Freestanding | Parking Ratio | 4.32/1,000 SF |
| Total Space Available | 3,903 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 13,888 SF |
| Year Built | 2014 |
| Parking Ratio | 4.32/1,000 SF |
ABOUT THE PROPERTY
Located directly off Route 125 in Wilmington at Exit 41 from I-93. This new development sits as a pad site to a new 138,500 square foot Target store. Next to the site is a 340,000 square foot office building and home to Osram Sylvania’s new regional 125,000 square foot headquarters. The development will service the office and industrial business population in the immediate area as well as the strong middle to high income communites of Andover, Wilmington, Reading, North Andover, North Reading and Tewksbury. There are over 100,000 people within a five-mile radius of the site.
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
JM Properties
Ballardvale Marketplace | 206 Ballardvale St
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