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Automotive Sales Lot and Repair Garage 67 S Broadway 1,998 SF of Retail Space Available in Salem, NH 03079
HIGHLIGHTS
- Right across the street from Tuscan Village
- Natural gas available on street
- Full access entry and exit
- City Water/Sewer on site
- Convenient access to I-93 (1.3 miles from Exit 1 and 2 miles from Exit 2)
- Two existing curb cuts on South Broadway - Nearly 19,000 VPD
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 1,998 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 1
Ground Lease Terms are negotiable. Contact SPERRY Commercial for details Retail automotive sales and repair garage with display lot; Retail development opportunity .65 Acres Lot has approximately 190' of road frontage and lot spans 150' deep Two existing curb cuts on South Broadway - Nearly 19,000 VPD Zoning regulates minimum of 2,000ft between used car dealerships Full access entry and exit Existing building on property - 1,998 SF Ground lease terms to be negotiated Zoning CIC - Allowing a wide range of permitted uses, including retail, restaurant, medical, and professional office City Water/Sewer on site Natural gas available on street Convenient access to I-93 (1.3 miles from Exit 1 and 2 miles from Exit 2) 32 miles North of Boston 2.8 miles from Mass border
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Car Dealership
- Space is an outparcel at this property
- Space is in Excellent Condition
- Yard
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 AUTOMOTIVE SALES LOT AND REPAIR GARAGE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Toy Store Auto Sales & Service
- Retailer
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Toy Store Auto Sales & Service | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,998 SF | Gross Leasable Area | 2,915 SF |
| Property Type | Retail | Year Built | 1966 |
| Property Subtype | Auto Dealership | Parking Ratio | 10/1,000 SF |
| Total Space Available | 1,998 SF |
| Property Type | Retail |
| Property Subtype | Auto Dealership |
| Gross Leasable Area | 2,915 SF |
| Year Built | 1966 |
| Parking Ratio | 10/1,000 SF |
ABOUT THE PROPERTY
Ground Lease terms are negotiable. Contact SPERRY Commercial to inquire 67 South Broadway in Salem, NH presents a rare opportunity to acquire a highly visible commercial property directly across from Tuscan Village, the region’s premier mixed-use lifestyle center. This location has unmatched exposure in one of Southern New Hampshire’s most dynamic and fast-growing corridors. Tuscan Village has transformed the Salem market into a true destination, attracting visitors from across New England with a diverse mix of national retailers, chef-driven restaurants, luxury residences, upscale boutique hotel, Class A office, and Mass General Brigham Healthcare Center. The ongoing $800+ million redevelopment has dramatically increased traffic counts, strengthened local property values, and created tremendous demand for surrounding commercial sites.
- 24 Hour Access
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Automotive Sales Lot and Repair Garage | 67 S Broadway
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