Retail in downtown Concord

Retail-Commercial for Lease
Catylist Listing ID: 30241908
Property Subtypes: Street Retail, Other
Contiguous Space: 900 SF
Gross Building Area: 110,029 SF
Gross Land Area: 0.69 Acres
Lease Rate: $1,300 (Monthly)
$17.33 PSF (Annual)
Lease Types: Modified Gross
Building Name: Capital Plaza
Last Updated: 8/1/2019

Overview / Comments

The courtyard of Capital Plaza, located in the heart of downtown Concord, has a retail space available for lease. This is an opportunity to be a part of one of the largest office/retail properties in Downtown Concord. Unit 1, a former Deli for years, has 900 sf and is being offered for $1300/mo. + electric. In addition to a restaurant, it would make a terrific space for a small retailer. Unit has a private bathroom. Landlord pays heat. There are two other retailers that will be located adjacent to the former Deli space:
Indigo Blues of Hopkinton and Arnaldo Silva Boutique (the former AJ from Bravo is opening again in Concord).

This property is adjacent to a large municipal parking garage. In addition to the garage, visitors to retailers in Capital Plaza can take advantage of on street parking as well as other municipal lots in the area. This unit has a full glass wall facing into the courtyard and good signage available. The landlord has brought attention to this area over the past several months with great overhead visual arts such as multiple umbrellas or pink flamingos. The courtyard has become a spot for all to see in anticipation of the next surprise.

Expand All Available Space

Suite: 1A 900 SF $1,300 (Monthly) Modified Gross
Level/Floor: 1st
Space Available: 900 SF
Lease Rate: $1,300 (Monthly)
$17.33 PSF (Annual)
Lease Type: Modified Gross
Space Description: This is a relatively open space that has operated as a deli for many years. Seating inside and outside was serviced by counter orders and became a destiination for many downtown employees as their breakfast or lunch spot. It would also make a good small retail establishment joining the numerous such operations surrounding it on No Main, Warren St and in the Courtyard.
Space Subcategory: Office Building, Mixed Use
Date Available: 4/1/2019
Space Type: Relet
Tax Expenses $2.40 PSF (Annual)

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 13717
Zoning: CBP-CIVIC ZONE
Retail Clientele: General, Family, Business, Tourist
Property Located Between: Capital Plaza is located in the center of N Main St toward the west between School St and Warren St
Property Visibility: Good
Largest Nearby Street: N Main St
Highway Access: The property is 3 blocks from the intersection of N Main St and Bridge St. Proceed north to this intersection, take a right on Bridge St and proceed directly to the exit 14 ramp of I93.
Airports: Concord, Manchester, Boston
Site Description: Capital Plaza is a centrally located Class A Office and Retail facility featuring a bank, florist, jeweler, deli, and numerous professional tenants. It is in the central core of downtown adjacent to a municipal garage. Perfect for a use that is interested in the influx of population during office hours and sessions of the legislature.
Area Description: The area is the heart of Concord, one block from the State House and in the midst of the restaurant and retail activity enhanced by the recent reconstruction of downtown. A robust market for commercial space; office, hospitality and retail, make this a desirable location for your business.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Property Condition: Good
Year Built: 1900
Year Renovated: 1986
Construction/Siding: Brick
Exterior Description: Brick structure with glass windows across the front. Access to Main St, Warren St, and School St is available on foot and enjoys traffic from downtown tenants and shoppers.
Parking Type: Structure, Surface
Parking Description: Property is adjacent to a municipal parking garage and there is on street metered parking available as well.
Zoning Description: CBP- Civic Performance Zone
Lot Frontage: Units are interior with no frontage on Main St.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,187 26,966 53,111
Median Age: 34.25 39.22 40.01
Households: 3,353 11,285 21,429

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