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323 N Main St 1,754 - 4,140 SF of Retail Space Available in Middleton, MA 01949
Highlights
- Fully built-out space with existing kitchen and freezer infrastructure.
- Ample onsite surface parking with a ratio of 3.11/1,000 SF.
- Convenient access to surrounding North Shore communities, including Peabody and Danvers.
- Drive-thru access ideal for fast-food or quick-service retailers.
- Prime location along Route 114 with high daily traffic counts ensuring visibility.
- Year built in 2003, offering modern systems and construction quality.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,754-4,140 SF | 5-15 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
This retail property at 323 N Main Street offers a fully built-out space previously utilized as a fast-food restaurant with a drive-thru, making it a turnkey option for quick-service operators or specialty food concepts. The building includes central air and heating, a kitchen area with freezer space, and wheelchair accessibility, ensuring comfort and compliance.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Fast Food Restaurant
- Space is an outparcel at this property
- Central Air and Heating
- Kitchen
- Freezer Space
- Drive Thru
- Wheelchair Accessible
- Fully built-out space with kitchen and freezer
- Drive-thru window for quick-service operations
- Ample surface parking for customers and staff
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 | 4,140 SF | Gross Leasable Area | 6,107 SF |
| Min. Divisible | 1,754 SF | Year Built | 2003 |
| Property Type | Retail | Parking Ratio | 3.11/1,000 SF |
| Property Subtype | Freestanding |
| Total Space Available | 4,140 SF |
| Min. Divisible | 1,754 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 6,107 SF |
| Year Built | 2003 |
| Parking Ratio | 3.11/1,000 SF |
About the Property
Located along Middleton’s main commercial corridor, the property enjoys strong visibility and accessibility for vehicles, attracting heavy commuter traffic through the North Main Street/Route 114 corridor. Positioned as an outparcel, the site offers ease of ingress and egress, plus ample onsite parking to accommodate both employees and customers. Middleton provides a favorable setting for retail business with connectivity to major routes serving Peabody, Danvers, and North Reading, all within a short drive. Proximity to residential neighborhoods and established commercial hubs contributes to steady local demand, making this a suitable location for retailers seeking to enter or expand in the North Shore market.
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323 N Main St
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