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7 Railroad Ave 32,597 - 41,322 sq ft of Retail Space Available in Gloucester, MA 01930
Highlights
- High Visibility and Foot Traffic
- Prime Downtown Location
- Directly Across from Commuter Rail
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rate
- Type
| Space | Size | Term | Rate | Type | ||
| 1st Floor, Ste 2 | 32,597-41,322 sq ft | Negotiable | Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor, Ste 2
- Fully Fit-Out as Standard Retail Unit
- Located in-line with other retail
- Directly Across from Commuter Rail
- Two Entrances
- Central Downtown Location
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 7 Railroad Ave, Gloucester, MA 01930
- Tenant
- Description
- US Locations
- Reach
- Shaw's
- Supermarket
- 148
- Regional
| Tenant | Description | US Locations | Reach |
| Shaw's | Supermarket | 148 | Regional |
Property Facts
| Total Space Available | 41,322 sq ft | Net Internal Area (NIA) | 45,322 sq ft |
| Min. Divisible | 32,597 sq ft | Year Built | 1960 |
| Property Type | Retail | Parking Allocation | 3.29/1,000 sq ft |
| Property Subtype | Shopfront |
| Total Space Available | 41,322 sq ft |
| Min. Divisible | 32,597 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront |
| Net Internal Area (NIA) | 45,322 sq ft |
| Year Built | 1960 |
| Parking Allocation | 3.29/1,000 sq ft |
About the Property
Prime Leasing Opportunity at 7 Railroad Ave, Gloucester, MA Located in the heart of downtown Gloucester, 7 Railroad Ave, offers a prime commercial leasing opportunity with excellent visibility, accessibility, and flexibility. The property includes retail space along with basement and upper level offices.This property is ideally situated for businesses looking to establish a presence in a bustling, high-traffic area.The property is currently occupied by Shaw’s until 5/15/2025. Property Features: Central Downtown Location: Positioned in the vibrant heart of downtown Gloucester, this space benefits from a steady flow of foot traffic and is surrounded by various businesses, restaurants, and services. Close proximity to Gloucester’s inner harbor. Adjacent to Commuter Rail/Train Station: With direct access to the commuter rail/train station, your business will be easily accessible to employees and customers coming from surrounding areas.? This prime location offers exceptional convenience for public transportation users. Ample Parking: With 149 +/- parking spaces available. Access from Two Major Roads: The property is accessible from two major roads, ensuring high visibility from passing traffic and stoplights. Conveniently located close to Route 95. Attractive Income Demographic: Gloucester residents have an average household income of $100,000/year. Property is able to be subdivided for the right tenant For more information, please contact Sovereign Realty Group at 617-799-0527 or 781-484-8846. Don’t miss out on this exceptional leasing opportunity in the heart of Gloucester!
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7 Railroad Ave
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