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408 Suffolk St 1,331 - 5,325 SF of Retail Space Available in Lowell, MA 01854
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,331 SF | Negotiable | $16.53 CAD/SF/YR $1.38 CAD/SF/MO $22,005 CAD/YR $1,834 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 2,144 SF | Negotiable | $16.53 CAD/SF/YR $1.38 CAD/SF/MO $35,446 CAD/YR $2,954 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 1,850 SF | Negotiable | $16.53 CAD/SF/YR $1.38 CAD/SF/MO $30,586 CAD/YR $2,549 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
1st Floor
- Lease rate does not include utilities, property expenses or building services
1st Floor
- Lease rate does not include utilities, property expenses or building services
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 | 5,325 SF | Gross Leasable Area | 6,039 SF |
| Property Type | Retail | Year Built | 1925 |
| Property Subtype | Freestanding |
| Total Space Available | 5,325 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 6,039 SF |
| Year Built | 1925 |
ABOUT THE PROPERTY
Welcome to Suffolk Place, a new retail, service and office opportunity for commercial renters located on Market Street and Suffolk Streets in Lowell. With completion scheduled for June, 2026, your tenancy can literaly get in on the first floor – with visible first floor space ranging from 1,331 to 6,291 SF at affordable prices (1-3 spaces). The space will be finished with street access, storefronts, mechanical systems, and bathrooms. Additional fit out at tenant's expense. Suffolk Place compliments the new Acre Crossing Merrimack Street retail, office and condominiums, now complete. Located between downtown Lowell and UMASS Lowell’s Union Crossing, Suffolk Place is an excellent address for your business. A unique feature of the property is a tenant’s ability to purchase their commercial space in the form of a condominium should they remain in the space as tenants for two years or longer. Plans and preview showings available. See floor plans in photos showing three space options.
NEARBY MAJOR RETAILERS
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408 Suffolk St
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