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Glen Lochen Mall 39 New London Tpke 3,500 - 10,000 SF of Retail Space Available in Glastonbury, CT 06033
HIGHLIGHTS
- Great daytime and evening traffic.
- Within a few minutes of Whole Foods Market.
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 Suite 101 | 6,500 SF | - | 3-10 Years | $34.90 CAD/SF/YR $2.91 CAD/SF/MO $226,837 CAD/YR $18,903 CAD/MO | Modified Gross | |
| 1st Floor, Ste Suite 109 | 3,500 SF | 60’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross |
39 New London Tpke - 1st Floor - Ste Suite 101
Potential for outdoor patio seating Access to two outdoor areas for seating
- Listed rate may not include certain utilities, building services and property expenses
- High Ceilings
- Hardwood Floors
- Large open space
39 New London Tpke - 1st Floor - Ste Suite 109
Existing restaurant space with fully equipped kitchen and hood system including walk-in cooler. The beautiful space opens to an exposed two story 60 feet ceiling. The highlight of the space is the 2,000+sf outdoor stone patio with scenic water view. One of the best outdoor seating in town.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Kitchen
- Finished Ceilings: 60’
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 | 10,000 SF | Frontage | 260’ on new london |
| Center Type | Neighborhood Center | Gross Leasable Area | 77,914 SF |
| Parking | 130 Spaces | Total Land Area | 4.21 AC |
| Stores | 22 | Year Built | 1973 |
| Center Properties | 1 |
| Total Space Available | 10,000 SF |
| Center Type | Neighborhood Center |
| Parking | 130 Spaces |
| Stores | 22 |
| Center Properties | 1 |
| Frontage | 260’ on new london |
| Gross Leasable Area | 77,914 SF |
| Total Land Area | 4.21 AC |
| Year Built | 1973 |
ABOUT THE PROPERTY
Unique design, with skylights, and open ceiling in central business district. Plenty of parking.
- Atrium
- Balcony
- Pylon Sign
- Waterfront
NEARBY MAJOR RETAILERS
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Glen Lochen Mall
Glen Lochen Mall | 39 New London Tpke
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