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Stand-alone Commercial Space 12 School St 2,924 SF of Retail Space Available in Merrimac, MA 01860
HIGHLIGHTS
- Drive-Thru Window
- Large Pylon Sign
- Abundant Parking
- Interstate Access- I-495
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,924 SF | 3-5 Years | $20.00 /SF/YR $1.67 /SF/MO $58,480 /YR $4,873 /MO | Triple Net (NNN) |
1st Floor
Well-positioned 2,924 SF stand-alone commercial building available for lease in the heart of Merrimac, MA. The space is evenly divided between the first floor and lower level (1,462 SF each), offering flexibility for a variety of business uses, including retail, office, or restaurant. Key features include a drive-thru window, three restrooms (one ADA-compliant), prominent pylon signage for strong street visibility, and 28 on-site parking spaces. The layout and amenities make this property ideal for businesses seeking a functional, accessible, and high-traffic location. This is a rare opportunity to lease a free-standing building with strong visibility and infrastructure already in place. Information obtained from landlord and public records. Prospective tenants are responsible for verifying all details.
- Lease rate does not include utilities, property expenses or building services
- High-visibility pylon signage
- 28 on-site parking spaces
- Flexible layout suitable for various uses
- Existing drive-thru window
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 | 2,924 SF | Gross Leasable Area | 2,924 SF |
| Property Type | Retail | Year Built | 1970 |
| Property Subtype | Bank |
| Total Space Available | 2,924 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 2,924 SF |
| Year Built | 1970 |
ABOUT THE PROPERTY
Well-positioned 2,924 SF stand-alone commercial building available for lease in the heart of Merrimac, MA. The space is evenly divided between the first floor and lower level (1,462 SF each), offering flexibility for a variety of business uses, including retail, office, or restaurant. Key features include a drive-thru window, three restrooms (one ADA-compliant), prominent pylon signage for strong street visibility, and 28 on-site parking spaces. The layout and amenities make this property ideal for businesses seeking a functional, accessible, and high-traffic location. This is a rare opportunity to lease a free-standing building with strong visibility and infrastructure already in place. Information obtained from landlord and public records. Prospective tenants are responsible for verifying all details.
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Stand-alone Commercial Space | 12 School St
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