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Washington Street Center 612 Washington St 1,600 - 3,800 SF of Retail Space Available in Newton, MA 02458
HIGHLIGHTS
- Signage Pontential Along Massachussetts Turnpike (I-90)
- Nearby retailers include; Whole Foods Market, Marty's Fine Wines, Many More
- Highly Visable Location
- Located at signalized Intersection along Washington Street
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Lower Level | 1,600 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 2,200 SF | 3-5 Years | $48.86 CAD/SF/YR $4.07 CAD/SF/MO $107,486 CAD/YR $8,957 CAD/MO | Triple Net (NNN) |
612 Washington St - Lower Level
A lower-level space with a rear entrance is available for lease. It can be combined with the street-level retail space or leased separately. This space is suitable for various uses, including storage or service. Additionally, it provides an excellent opportunity for signage facing the Mass Pike. Currently, the space is occupied by Artee Fabrics.
- Highly Desirable End Cap Space
612 Washington St - 1st Floor
A prime retail space with signage opportunities is available along I-90 in Newton, MA, located at 612 Washington Street. This property offers 2,200 square feet of retail space, with an option to lease an additional 1,600 square feet of office space on the lower level. Ideal uses for this space include nail salons and restaurant establishments. With a Walk Score of 89, this location is pedestrian-friendly and conveniently situated near Whole Foods and Marty's Gourmet Foods.
- 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.
SELECT TENANTS AT WASHINGTON STREET CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- 7-Eleven
- Convenience Market
- 10,643
- International
- Artee Fabrics & Home
- Fabric Shop
- 11
- National
- Fullfulled Goods
- -
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| 7-Eleven | Convenience Market | 10,643 | International |
| Artee Fabrics & Home | Fabric Shop | 11 | National |
| Fullfulled Goods | - | - | - |
PROPERTY FACTS
| Total Space Available | 3,800 SF | Frontage | Washington |
| Center Type | Strip Center | Gross Leasable Area | 10,000 SF |
| Parking | 25 Spaces | Total Land Area | 1.00 AC |
| Stores | 10 | Year Built | 1960 |
| Center Properties | 1 |
| Total Space Available | 3,800 SF |
| Center Type | Strip Center |
| Parking | 25 Spaces |
| Stores | 10 |
| Center Properties | 1 |
| Frontage | Washington |
| Gross Leasable Area | 10,000 SF |
| Total Land Area | 1.00 AC |
| Year Built | 1960 |
ABOUT THE PROPERTY
This location is highly visible from the Massachusetts Turnpike (I-90) and Washington Street. Join co-tenants such as 7-Eleven and Fulfilled Good. This space is ideal for retail shops, hair salons, nail salons, medical offices, or dental practices. Onsite parking is available, in addition to ample street parking along Washington Street.
- Bus Line
- Commuter Rail
- Freeway Visibility
- Signage
- Signalized Intersection
- Storage Space
NEARBY MAJOR RETAILERS
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Washington Street Center | 612 Washington St
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