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Lancaster Rd Retail 114 Lancaster Rd 5,000 - 70,000 SF of Space Available in Shirley, MA 01464
HIGHLIGHTS
- Excellent Highway Access
- Extra Pads Available for Further Expansion
- Brand New Space
- Proven Retail Destination
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 5,000-20,000 SF | 12’ - 18’ | 3-20 Years | $20.00 /SF/YR $1.67 /SF/MO $400,000 /YR $33,333 /MO | Triple Net (NNN) | |
| 1st Floor | 30,000 SF | - | 1-20 Years | $25.00 /SF/YR $2.08 /SF/MO $750,000 /YR $62,500 /MO | Triple Net (NNN) | |
| 2nd Floor | 5,000-20,000 SF | 18’ | 3-20 Years | $15.00 /SF/YR $1.25 /SF/MO $300,000 /YR $25,000 /MO | Triple Net (NNN) |
114 Lancaster Rd - 1st Floor
Marini Real Estate LLC is pleased to present New England’s best and newest retail center, Cardillo Park at 117 Lancaster Road in Shirley. The Cardillo Family wishes to continue their pursuit in community centric retail concepts that focuses on sports, entertainment and other enriching retail concepts. Generous lease packages are available for select prospective tenants for a full build-out to customize the space. With extensive experience in the luxury construction industry, ownership can assist in creating a plug and play retail space for various users. Please inquire for more information tailored for your company.
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
- Can be combined with additional space(s) for up to 40,000 SF of adjacent space
- Finished Ceilings: 12’ - 18’
114 Lancaster Rd - 1st Floor
Built-to-suit retail pad Marini Real Estate LLC is pleased to present New England’s best and newest retail center, Cardillo Park at 117 Lancaster Road in Shirley. The Cardillo Family wishes to continue their pursuit in community centric retail concepts that focuses on sports, entertainment and other enriching retail concepts. Generous lease packages are available for select prospective tenants for a full build-out to customize the space. With extensive experience in the luxury construction industry, ownership can assist in creating a plug and play retail space for various users. Please inquire for more information tailored for your company.
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
- Space is in Excellent Condition
114 Lancaster Rd - 2nd Floor
Marini Real Estate LLC is pleased to present New England’s best and newest retail center, Cardillo Park at 117 Lancaster Road in Shirley. The Cardillo Family wishes to continue their pursuit in community centric retail concepts that focuses on sports, entertainment and other enriching retail concepts. Generous lease packages are available for select prospective tenants for a full build-out to customize the space. With extensive experience in the luxury construction industry, ownership can assist in creating a plug and play retail space for various users. Please inquire for more information tailored for your company.
- Lease rate does not include utilities, property expenses or building services
- Finished Ceilings: 18’
- Can be combined with additional space(s) for up to 40,000 SF of adjacent 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 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.
PROPERTY FACTS
| Total Space Available | 70,000 SF | Stores | 2 |
| Min. Divisible | 5,000 SF | Center Properties | 2 |
| Max. Contiguous | 40,000 SF | Gross Leasable Area | 40,000 SF |
| Center Type | Neighborhood Center | Total Land Area | 4.85 AC |
| Parking | 116 Spaces | Year Built | 2022 |
| Total Space Available | 70,000 SF |
| Min. Divisible | 5,000 SF |
| Max. Contiguous | 40,000 SF |
| Center Type | Neighborhood Center |
| Parking | 116 Spaces |
| Stores | 2 |
| Center Properties | 2 |
| Gross Leasable Area | 40,000 SF |
| Total Land Area | 4.85 AC |
| Year Built | 2022 |
ABOUT THE PROPERTY
Marini Real Estate LLC is pleased to present New England’s best and newest retail center, Cardillo Park at 117 Lancaster Road in Shirley. The Cardillo Family wishes to continue their pursuit in community centric retail concepts that focuses on sports, entertainment and other enriching retail concepts. Generous lease packages are available for select prospective tenants for a full build-out to customize the space. With extensive experience in the luxury construction industry, ownership can assist in creating a plug and play retail space for various users. Please inquire for more information tailored for your company.
- 24 Hour Access
- Property Manager on Site
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Presented by
Lancaster Rd Retail | 114 Lancaster Rd
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