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Salem Town Center 1 New London Rd 952 - 3,112 SF of Retail Space Available in Salem, CT 06420
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 14 | 952 SF | Negotiable | $20.17 /SF/YR $1.68 /SF/MO $19,202 /YR $1,600 /MO | Modified Gross | ||
| 1st Floor, Ste 18 | 1,008 SF | Negotiable | $19.05 /SF/YR $1.59 /SF/MO $19,202 /YR $1,600 /MO | Modified Gross | ||
| 1st Floor, Ste 23 | 1,152 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $13,824 /YR $1,152 /MO | Modified Gross |
1 New London Rd - 1st Floor - Ste 14
Here is your opportunity to enter into the NEW Salem Town Center! Under NEW management with complete refresh such as NEW parking lot, NEW roof, NEW A/C Units, NEW Paint, NEW Irrigation system and MORE! Located on highly traveled Rt 85 (New London Rd.) and anchored with Dunkin Donut, Subway and multi year active businesses! Grounded on 20.60 Acres, with 75+ parking spaces, and convenient proximity to highway access and Mohegan Sun! Multiple units available. Message for private tour!
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
1 New London Rd - 1st Floor - Ste 18
Here is your opportunity to enter into the NEW Salem Town Center! Under NEW management and in the process of a complete refresh such as NEW parking lot, NEW roof, NEW A/C Units, NEW Paint, NEW Irrigation system and MORE! Located on highly traveled Rt 85 (New London Rd.) and anchored with Dunkin Donut, Subway and multi year active businesses! Grounded on 20.60 Acres, with 75+ parking spaces, and convenient proximity to highway access and Mohegan Sun! Multiple units available ranging from 700-1500 +/- square feet with flexible lease terms! Message for private tour!
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
1 New London Rd - 1st Floor - Ste 23
Here is your opportunity to enter into the NEW Salem Town Center! Under NEW management and in the process of a complete refresh such as NEW parking lot, NEW roof, NEW A/C Units, NEW Paint, NEW Irrigation system and MORE! Located on highly traveled Rt 85 (New London Rd.) and anchored with Dunkin Donut, Subway and multi year active businesses! Grounded on 20.60 Acres, with 75+ parking spaces, and convenient proximity to highway access and Mohegan Sun! Message for private tour!
- Listed rate may not include certain utilities, building services and property expenses
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 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 broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate 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 rental rate 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 SALEM TOWN CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- All About Hair Family Salon
- Salon/Barber/Spa
- 1
- -
- Brimstone Candle Company
- Retailer
- 1
- -
- Dunkin'
- Donut Shop
- 11,794
- International
- Gina Nails
- Salon/Barber/Spa
- 1
- -
- Marissa's Dance Academy
- Retailer
- 1
- -
- Rob's Home Brew Supplies
- Liquor
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| All About Hair Family Salon | Salon/Barber/Spa | 1 | - |
| Brimstone Candle Company | Retailer | 1 | - |
| Dunkin' | Donut Shop | 11,794 | International |
| Gina Nails | Salon/Barber/Spa | 1 | - |
| Marissa's Dance Academy | Retailer | 1 | - |
| Rob's Home Brew Supplies | Liquor | 1 | - |
PROPERTY FACTS
| Total Space Available | 3,112 SF | Gross Leasable Area | 18,100 SF |
| Center Type | Strip Center | Total Land Area | 20.60 AC |
| Parking | 51 Spaces | Year Built | 1988 |
| Center Properties | 1 |
| Total Space Available | 3,112 SF |
| Center Type | Strip Center |
| Parking | 51 Spaces |
| Center Properties | 1 |
| Gross Leasable Area | 18,100 SF |
| Total Land Area | 20.60 AC |
| Year Built | 1988 |
ABOUT THE PROPERTY
Here is your opportunity to enter into the NEW Salem Town Center! Under NEW management with complete refresh such as NEW parking lot, NEW roof, NEW A/C Units, NEW Paint, NEW Irrigation system and MORE! Located on highly traveled Rt 85 (New London Rd.) and anchored with Dunkin Donut, Subway and multi year active businesses! Grounded on 20.60 Acres, with 75+ parking spaces, and convenient proximity to highway access and Mohegan Sun! Multiple units available. Message for private tour!
- Accent Lighting
- Monument Signage
- Air Conditioning
Presented by
Salem Town Center | 1 New London Rd
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