Your email has been sent.
50 Lake Ave 2,400 SF of Retail Space Available in Worcester, MA 01604
Highlights
- Traffic Count: 30,000+ VPD (Lake Avenue)
- Building Type: Mixed-use
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,400 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Available SF: 2,400 SF Use Type: Retail / Service / Medical / Wellness Prior Use: Fitness / Gym (built-out infrastructure in place) Parking: On-site parking available Traffic Count: 30,000+ VPD (Lake Avenue) Lease Term: Negotiable Availability: Immediate Building Type: Mixed-use Zoning: BL-1
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Use Type: Retail / Service / Medical / Wellness
- Prior Use: Fitness / Gym (built-out infrastructure
- Parking: On-site parking available
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.
Select Tenants at 50 Lake Ave, Worcester, MA 01604
- Tenant
- Description
- US Locations
- Reach
- AFSCME
- Other Services
- 387
- National
- Avenue Fifty
- Salon/Barber/Spa
- 1
- -
- Integrated Wellness Management Inc
- Health Care
- 1
- -
- Money Concepts
- Finance and Insurance
- 1
- -
- Patient Lynch & Associates
- Acctg/Tax Prep
- 1
- -
- VI Concepts Inc
- Professional, Scientific, and Technical Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| AFSCME | Other Services | 387 | National |
| Avenue Fifty | Salon/Barber/Spa | 1 | - |
| Integrated Wellness Management Inc | Health Care | 1 | - |
| Money Concepts | Finance and Insurance | 1 | - |
| Patient Lynch & Associates | Acctg/Tax Prep | 1 | - |
| VI Concepts Inc | Professional, Scientific, and Technical Services | 1 | - |
Property Facts
| Total Space Available | 2,400 SF | Gross Leasable Area | 14,492 SF |
| Property Type | Retail | Year Built | 1940 |
| Total Space Available | 2,400 SF |
| Property Type | Retail |
| Gross Leasable Area | 14,492 SF |
| Year Built | 1940 |
About the Property
NAI Glickman Kovago & Jacobs is pleased to offer 2,400 SF of turn-key retail and service space at 50 Lake Avenue, Worcester MA, available immediately. Located at the Lake Ave–Belmont St / Route 9 intersection with 30,000+ VPD, on-site parking, former gym build-out infrastructure (reinforced flooring, upgraded electrical, HVAC, ADA restroom), and direct adjacency to UMass Chan Medical School and the Trader Joe's / Total Wine anchored Quinsigamond Plaza. Upscale residential (Lakeshore Condominiums) directly across the street. Ideal for boutique fitness, medical / allied health, wellness, aesthetics, or personal services.
Nearby Major Retailers
Presented by
50 Lake Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.