Food Service Space in Salisbury, MA
Retail-Commercial
for Lease
Catylist Listing ID: |
30862626 |
Property Subtypes: |
Free-Standing Building, Restaurant, Retail-Pad, Street Retail
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Contiguous Space: |
400 SF |
Gross Building Area: |
See Agent |
Lease Rate: |
$2,500 (Monthly)
$75 PSF (Annual)
|
Lease Types: |
NNN |
Usable Size (USF): |
400 SF |
Last Updated: |
4/8/2024 |
Overview / Comments
Base plus percentage lease: Food service concession in a bustling high-traffic location with a drive through Dunkin Donuts and Sunoco station. 400 sq ft space with a full complement of food service appliances and fixtures. This location was previously occupied by Subway. Extremely busy location with 19,000+ vehicles per day a tenth of a mile from the Interstate 95 offramp to MA Route 110, the primary route to the four-season MA & NH beach, vacation, and entertainment region. Superb demographics and traffic. Prospective tenants are encouraged to perform due diligence in all aspects of their contemplated tenancy. The business is prohibited from competing with other businesses within the building.
The lease is a percentage lease to be negotiated with a $2500/ month NNN base. Established National or Regional Tenants preferred.
|
Level/Floor: |
1 |
Space Available: |
400 SF |
Lease Rate: |
$2,500 (Monthly)
$75 PSF (Annual)
|
Lease Type: |
NNN |
Space Description: |
Base plus percentage lease: Food service concession in a bustling high-traffic location with a drive through Dunkin Donuts and Sunoco station. 400 sq ft space with a full complement of food service appliances and fixtures. This location was previously occupied by Subway. Extremely busy location with 19,000+ vehicles per day a tenth of a mile from the Interstate 95 offramp to MA Route 110, the primary route to the four-season MA & NH beach, vacation, and entertainment region. Superb demographics and traffic. Prospective tenants are encouraged to perform due diligence in all aspects of their contemplated tenancy. The business is prohibited from competing with other businesses within the building.
The lease is a percentage lease to be negotiated with a $2500/ month NNN base. Established National or Regional Tenants preferred. |
Space Subcategory: |
Free-Standing Store |
Date Available: |
12/6/2023 |
Space Type: |
New |
Tax Expenses |
$2,023 PSF (Annual) |
Rent Escalators |
Step-Up Lease |
Additional Details
Nearest MSA: |
Boston-Cambridge-Newton |
County: |
Essex |
Tax ID/APN: |
10-149 |
Zoning: |
C |
Retail Clientele: |
General, Family, Business, Traveler, Tourist |
Property Visibility: |
Excellent |
Highway Access: |
Interstate 95 offramp to MA Route 110 |
Site Description: |
Extremely busy location with 19,000+ vehicles per day a tenth of a mile from the Interstate 95 offramp to MA Route 110, the primary route to the four season MA & NH beach, vacation and entertainment region. |
Area Description: |
Extremely busy location with 19,000+ vehicles per day a tenth of a mile from the Interstate 95 offramp to MA Route 110, the primary route to the four season MA & NH beach, vacation and entertainment region. |
Tenancy: |
Single Tenant |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Property Condition: |
Average |
Year Built: |
1975 |
Total Parking Spaces: |
10 |
Parking Type: |
Surface |
Heat Type: |
Natural Gas |
Air Conditioning: |
Package Unit |
Lot Frontage: |
60 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
1,828 |
39,473 |
58,966 |
Median Age: |
45.43 |
43.63 |
44.37 |
Households: |
752 |
16,412 |
24,656 |
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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