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32 Wall St 1,546 - 3,306 SF of Office/Retail Space Available in Madison, CT 06443
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste A | 1,760 SF | 11’ | Negotiable | $19.19 CAD/SF/YR $1.60 CAD/SF/MO $33,781 CAD/YR $2,815 CAD/MO | Triple Net (NNN) | |
| 1st Floor, Ste B | 1,546 SF | 11’ | Negotiable | $19.19 CAD/SF/YR $1.60 CAD/SF/MO $29,674 CAD/YR $2,473 CAD/MO | Triple Net (NNN) |
1st Floor, Ste A
Suites A & B are available for lease either together or separately. Suite A features a conference room, polished concrete floors, storage room and separate entrance and has 1,760sf. Suite B offers open space, grand entry doors, and a corner office, with 1,546sf. Street signage on Wall Street is included plus signage on building per town regulations. Septic is limited, so restaurant, kitchen, and salon use is not possible.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- 1 Conference Room
- Finished Ceilings: 11’
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 3,306 SF of adjacent space
- Central Air Conditioning
- High Ceilings
- After Hours HVAC Available
- Private Restrooms
- Open-Plan
- Wheelchair Accessible
- Rare opportunity for blend of retail/office space
1st Floor, Ste B
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Finished Ceilings: 11’
- Can be combined with additional space(s) for up to 3,306 SF of adjacent space
- Central Air Conditioning
- Grand entrance
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.
PROPERTY FACTS
| Total Space Available | 3,306 SF | Year Built/Renovated | 1950/2017 |
| Property Type | Retail | Parking Ratio | 0.6/1,000 SF |
| Gross Leasable Area | 10,000 SF |
| Total Space Available | 3,306 SF |
| Property Type | Retail |
| Gross Leasable Area | 10,000 SF |
| Year Built/Renovated | 1950/2017 |
| Parking Ratio | 0.6/1,000 SF |
ABOUT THE PROPERTY
An ideal downtown location for retail or office right off Madison's thriving Wall Street. Signage on Wall Street lets customers and clients find you. Steps away from Madison's Main Street, library, post office, movie theatre, restaurants and shops. train station, bus line, restaurants and shops, and one minute to I-95. Two spaces are currently combined into a single 3306sf space, but can easily be subdivided into two completely independent spaces of 1,750sf and 1,546sf. Rent does not include operating costs (property taxes, snow removal, septic, water, repairs) which are additional. Septic capacity will not support nail salons or a commercial kitchen. High efficiency gas HVAC systems help keep the overhead low. Reserved parking negotiable. Floor plan can easily be reconfigured for alternative applications. Location is behind the popular Wine Thief of Madison. Private restroom. ADA compliant. Available immediately.
- Pylon Sign
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
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32 Wall St
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