Food Service Space in Salisbury, MA

Retail-Commercial for Lease
Catylist Listing ID: 30862626
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Street Retail
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.

Expand All Available Space

Suite: 1 400 SF $2,500 (Monthly) NNN
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

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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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