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Galleria By The Green Shopping Center 500 Boston Providence Tpke 3,700 - 9,480 SF of Space Available in Norwood, MA 02062
HIGHLIGHTS
- This prime retail center boasts a traffic count of 50,000 vehicles per day, has ample on-site parking and unparalled access and visibility on Route 1.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,700 SF | 5-10 Years | $36.28 CAD/SF/YR $3.02 CAD/SF/MO $134,218 CAD/YR $11,185 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1 | 5,780 SF | 5-15 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
500 Boston Providence Hwy - 1st Floor
Former I Love Kickboxing now available and ready to move in right away!
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Security System
500 Boston Providence Hwy - 1st Floor - Ste 1
Includes $1.8 million dollar dialysis medical suite buildout. Great location on corner suite.
- Lease rate does not include utilities, property expenses or building services
- Independent diesel backup generator
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 GALLERIA BY THE GREEN SHOPPING CENTER
- Acapulcos Restaurant, Minerva Restuant,Nxstage
PROPERTY FACTS
| Total Space Available | 9,480 SF | Frontage | Providence |
| Center Type | Strip Center | Gross Leasable Area | 30,000 SF |
| Parking | 128 Spaces | Total Land Area | 2.53 AC |
| Center Properties | 1 | Year Built | 1989 |
| Total Space Available | 9,480 SF |
| Center Type | Strip Center |
| Parking | 128 Spaces |
| Center Properties | 1 |
| Frontage | Providence |
| Gross Leasable Area | 30,000 SF |
| Total Land Area | 2.53 AC |
| Year Built | 1989 |
ABOUT THE PROPERTY
Northeast Commercial, Inc. is pleased to present to you this prime freestanding 28,707 square foot retail strip center known as The Galleria by the Green. This property is strategically located on the northbound side of Route 1, more commonly known as the "Automile". The property feature's over 300 feet of frontage, ample on-site parking, grandfathered oversized signage and overlooks the Norwood Country Club.
NEARBY MAJOR RETAILERS
Presented by
Northeast Commercial, Inc.
Galleria By The Green Shopping Center | 500 Boston Providence Tpke
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