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Puritan Mall 725-729 William T Morrissey Blvd 5,600 SF of Retail Space Available in Dorchester, MA 02122
HIGHLIGHTS
- 35,300 Vehicles Per Day on Morrisey Blvd
- Visibility from I-93
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,600 SF | 5-10 Years | $69.76 CAD/SF/YR $5.81 CAD/SF/MO $390,656 CAD/YR $32,555 CAD/MO | Triple Net (NNN) |
735 William T Morrissey Blvd - 1st Floor
5600 SF in line former Rainbow Apparel Space Rooftop HVAC Subdivisible
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Drop Ceilings
- Wheelchair Accessible
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 PURITAN MALL
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Citizens Bank
- Bank
- 1,841
- National
- Lambert Realty Trust
- Real Estate
- 1
- -
- Lambert's Rainbow Market
- Restaurant
- 1
- -
- Luna Fitness Club
- Fitness
- 1
- -
- Puritan Restaurant
- Travel Agent
- 1
- -
- Sew-Fisticated Discount Fabric
- Fabric Shop
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Citizens Bank | Bank | 1,841 | National |
| Lambert Realty Trust | Real Estate | 1 | - |
| Lambert's Rainbow Market | Restaurant | 1 | - |
| Luna Fitness Club | Fitness | 1 | - |
| Puritan Restaurant | Travel Agent | 1 | - |
| Sew-Fisticated Discount Fabric | Fabric Shop | 1 | - |
PROPERTY FACTS
| Total Space Available | 5,600 SF | Frontage | 1,251’ on William T Morrissey Blvd |
| Center Type | Neighborhood Center | Gross Leasable Area | 36,350 SF |
| Parking | 130 Spaces | Total Land Area | 3.63 AC |
| Stores | 11 | Year Built | 2003 |
| Center Properties | 4 | Cross Streets | Victory Rd |
| Total Space Available | 5,600 SF |
| Center Type | Neighborhood Center |
| Parking | 130 Spaces |
| Stores | 11 |
| Center Properties | 4 |
| Frontage | 1,251’ on William T Morrissey Blvd |
| Gross Leasable Area | 36,350 SF |
| Total Land Area | 3.63 AC |
| Year Built | 2003 |
| Cross Streets | Victory Rd |
ABOUT THE PROPERTY
The center is anchored by the original location of Lambert’s Rainbow Market and benefits from a prominent positioning along Morrissey Boulevard, a major local thoroughfare (35,300 vehicles per day) in the heart of Boston’s fast-growing Dorchester neighborhood. Just one mile away, Dorchester Bay City will completely reimagine the city’s Columbia Point district with 6.5 million square feet of mixed-use development. Just five miles from Downtown Boston in the “path of progress” of new developments south of the city center, this densely populated urban infill location benefits from strong demand fundamentals that are only poised to increase as it undergoes substantial mixed-use growth Directly across the street, 430+ residential units were recently completed and are now fully occupied. Approximately one mile to the north is one of Boston’s most dynamic pockets of mixed-use development: Columbia Point and the area surrounding the MBTA’s JFK/UMass station. The neighborhood’s transformation is anchored by Dorchester Bay City, which will fully reimagine its streetscape with 6.5 million square feet of mixed-use massing and 20 acres of new open spaces. Other highlights in the market include The BEAT, a 700,000 square foot office/life science repositioning of the former Boston Globe headquarters, and a major modernization and expansion of the UMass Boston campus, which presently enrolls 16,000+ undergraduate and graduate students. Overall, the Columbia Point master plan envisions a total buildout of 9.7 million square feet that will bring thousands of new residents, visitors and employees to the area daily. The advantages of Lambert's Plaza's positioning within this fast-growing development district are twofold: it will benefit from increased demand for its synergistic roster of daily needs retailers as well as a strong proof of concept for its own mixed-use densification.
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
Charles River Realty Group LLC
Puritan Mall | 725-729 William T Morrissey Blvd
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