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157 Central St 3,238 sq ft of Retail Space Available in Norwood, MA 02062

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SPACE AVAILABILITY (1)

Display Rent as

  • SPACE
  • SIZE
  • TERM
  • RATE
  • TYPE
  • 1st Floor
  • 3,238 sq ft
  • Negotiable
  • £18.56 /sq ft pa £1.55 /sq ft pcm £60,095 pa £5,008 pcm
  • Triple Net
Space Use
Retail
Condition
Full Fit-Out
Availability
Now

3,000 square feet (+/-) of Street Level space and 2nd Floor Space. Additional 2,600-plus square footage of additional Lower Level space for a total of approx. 6,258 square feet.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Fit-Out as Standard Retail Unit
  • Unit is standalone
  • Full Build-Out.
  • Average Space Condition.
  • Standard retail build out.
Space Size Term Rate Type
1st Floor 3,238 sq ft Negotiable £18.56 /sq ft pa £1.55 /sq ft pcm £60,095 pa £5,008 pcm Triple Net

1st Floor

Size
3,238 sq ft
Term
Negotiable
Rate
£18.56 /sq ft pa £1.55 /sq ft pcm £60,095 pa £5,008 pcm
Type
Triple Net
Space Use
Retail
Condition
Full Fit-Out
Availability
Now

3,000 square feet (+/-) of Street Level space and 2nd Floor Space. Additional 2,600-plus square footage of additional Lower Level space for a total of approx. 6,258 square feet.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Fit-Out as Standard Retail Unit
  • Unit is standalone
  • Full Build-Out.
  • Average Space Condition.
  • Standard retail build out.

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 (NNN) 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 agent for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rent 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 rent 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.

PROPERTY FACTS

Total Space Available 3,238 sq ft
Property Type Retail
Property Subtype Standalone
Net Internal Area (NIA) 3,238 sq ft
Year Built 1924
Parking Allocation 4.94/1,000 sq ft
Cross Streets Lyman Pl

ABOUT THE PROPERTY

PRIME DOWNTOWN NORWOOD LOCATION- FREE STANDING Two-story building with ample parking on a corner lot. Great visibility with many possible uses including retail, office, and professional services. Close proximity to Norwood Depot Commuter Rail and Routes 1 and I-95. Approximately 16 dedicated parking spaces with additional on-street spaces and municipal parking across the street. 3,000 square feet (+/-) of Street Level space and 2nd Floor Space. Additional 2,600-plus square footage of additional Lower Level space for a total of approx. 6,258 square feet.

  • Bus Route
  • Pylon Sign
Walk Score®
Excellent pedestrian access (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

NEARBY MAJOR RETAILERS

Burn Boot Camp
CrossFit
Anytime Fitness
Starbucks
Shaw's
Citizens Bank
Rockland Trust Company
Td Bank
Outback Steakhouse
StretchLab
  • Listing ID: 32474969

  • Date on Market: 16/07/2024

  • Last Updated:

  • Address: 157 Central St, Norwood, MA 02062

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