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Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rate
  • Type
  • 1st Floor, Ste 229
  • 8,361 sq ft
  • 10 Years
  • Upon Application Upon Application Upon Application Upon Application
  • Triple Net
219-229 Centre St - 1st Floor - Ste 229
Space Use
Retail
Fit-Out
Full Fit-Out
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Fully Fit-Out as a Restaurant or Café Space
  • Highly Desirable End Cap Space
Space Size Term Rate Type
1st Floor, Ste 229 8,361 sq ft 10 Years Upon Application Upon Application Upon Application Upon Application Triple Net

219-229 Centre St - 1st Floor - Ste 229

Size
8,361 sq ft
Term
10 Years
Rate
Upon Application Upon Application Upon Application Upon Application
Type
Triple Net
Space Use
Retail
Fit-Out
Full Fit-Out
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Fully Fit-Out as a Restaurant or Café Space
  • Highly Desirable End Cap Space

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.

Select Tenants at Centre Plaza

  • Tenant
  • Description
  • US Locations
  • Reach
  • AFC American Family Care
  • Urgent Care
  • 594
  • National
Tenant Description US Locations Reach
AFC American Family Care Urgent Care 594 National

Property Facts

Total Space Available 8,361 sq ft
Centre Type Retail Park
Parking 60 Spaces
Stores 6
Centre Properties 1
Frontage 338 ft on Centre St
Net Internal Area 19,194 sq ft
Total Land Area 0.83 ac
Year Built 1983
Cross Streets Main St

About the Property

Situated in busy downtown Malden at the nexus of Route 60, Ferry Street, and Main Street where 30,000 cars pass daily. This iconic restaurant totals 8,361 square feet, offering a full bar area and expansive dining room. Free off-street parking provides unparalleled access for diners. Pylon signage, extensive street frontage and a solid mix of co-tentants completes this dynamic CBD retail center. The site is a quick walk from the MBTA’s Malden Center Station and two municipal parking garages.

  • Corner Lot
  • Pylon Sign
  • Signalised Intersection

Attachments

Factsheet
Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100

Nearby Major Retailers

Bank of America
Chase
bb.q Chicken
Rent-A-Center
Eastern Bank
Citizens
Stop & Shop
Starbucks
RBC Royal Bank
H Mart
  • Listing ID: 31948327

  • Date on Market: 01/08/2025

  • Last Updated:

  • Address: 219-229 Centre St, Malden, MA 02148

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