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380 S Broadway 1,500 SF of Retail Space Available in Salem, NH 03079
Sublease Highlights
- High-Visibility Location: Directly fronting a major Salem thoroughfare with massive daily car counts and excellent pylon signage.
- Fully Equipped Kitchen: Professional setup including commercial ovens, hood system, grease trap, prep stations, and ample cold storage.
- Easy Access: Large parking lot with multiple points of entry and exit.
- The "Border Advantage": Located minutes from the Massachusetts line, capturing tax-free shoppers and high-volume commuter traffic.
- Retail Front-of-House: Modern aesthetic with display cases, coffee station, and seating area ready for immediate customer service.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Position your business for success in this fully built-out, turnkey food service space located along one of Salem’s most sought-after retail corridors. Designed for immediate operation, this opportunity is ideal for an established brand expanding its footprint or an operator looking to avoid the time, cost, and uncertainty of a ground-up build-out. The space features an inviting retail storefront paired with a high-capacity commercial kitchen, offering a seamless transition for a wide range of food concepts. Simply bring your vision, unlock the doors, and start serving.
- Sublease space available from current tenant
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
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 | 1,500 SF | Total Land Area | 0.91 AC |
| Property Type | Retail | Year Built | 1976 |
| Property Subtype | Freestanding | Parking Ratio | 2.93/1,000 SF |
| Gross Leasable Area | 10,333 SF |
| Total Space Available | 1,500 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 10,333 SF |
| Total Land Area | 0.91 AC |
| Year Built | 1976 |
| Parking Ratio | 2.93/1,000 SF |
About the Property
Discover a prime opportunity at the intersection of commerce and culture in the heart of Salem, NH. Just steps away from the property, South Broadway pulses with an energetic mix of retail offerings, dining destinations, and local attractions. Join the thriving community of retailers and experience the unique synergy of this dynamic area. Embrace the foot traffic from nearby attractions such as Canobie Lake Park, America's Stonehenge, and Tuscan Village, drawing visitors and residents alike. With its vibrant mix of demographics and steady flow of visitors, the area offers an unparalleled environment for your retail or street retail business to thrive. Unlock the potential of this thriving location and make your mark in Salem's bustling retail scene.
- Pylon Sign
Nearby Major Retailers
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380 S Broadway
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