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650-656 Washington St 1,886 SF of Retail Space Available in Norwood, MA 02062
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,886 SF | 1-5 Years | $34.90 CAD/SF/YR $2.91 CAD/SF/MO $65,818 CAD/YR $5,485 CAD/MO | Triple Net (NNN) |
1st Floor
Space very well-maintained as fitness studio.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Central Air and Heating
- Established business location
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 650-656 WASHINGTON ST, NORWOOD, MA 02062
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Shabu Lee
- Restaurant
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Shabu Lee | Restaurant | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,886 SF | Gross Leasable Area | 3,788 SF |
| Property Type | Retail | Year Built | 1935 |
| Property Subtype | Storefront | Parking Ratio | 0.26/1,000 SF |
| Total Space Available | 1,886 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 3,788 SF |
| Year Built | 1935 |
| Parking Ratio | 0.26/1,000 SF |
ABOUT THE PROPERTY
Looking to establish your business in a high-traffic area with unique character? This 1886 square foot retail space, formerly a high-end yoga studio, offers a versatile and beautifully designed environment perfect for a wide range of uses. Located in the heart of Downtown Norwood, this space is ideal for businesses seeking a sophisticated and inviting atmosphere with all the amenities you need to thrive. Key Features: 1886 SF of versatile retail space with a flexible open floor plan Former yoga studio with premium finishes, including high-end lighting, sound system, and newer flooring Large storefront windows for natural light and excellent product visibility High-end audio and visual system already in place, perfect for fitness studios, wellness centers, or event spaces Stylish, modern interior with renovated floors and custom lighting elements Plenty of off-street parking available for customers and employees One designated parking space included with the lease for the convenience of the tenant Prime location on a busy downtown street, surrounded by restaurants, shops, and offices
- Bus Line
NEARBY MAJOR RETAILERS
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650-656 Washington St
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