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140 Newport Ave 2,336 SF of Retail Space Available in East Providence, RI 02916
Highlights
- 3,569-square-foot building on a 0.44-acre lot with 36 on-site parking spaces.
- Excellent accessibility near major highways, public transportation, and commuter rail.
- High-traffic location across from a new 144-unit residential development.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,336 SF | Negotiable | $3.00 /SF/YR $0.25 /SF/MO $7,008 /YR $584.00 /MO | Negotiable |
1st Floor
Retail/Restaurant space available for lease. Contact Teven for further details.
- Fully Built-Out as a Restaurant or Café 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 | 2,336 SF | Gross Leasable Area | 3,596 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Restaurant | Parking Ratio | 10.01/1,000 SF |
| Total Space Available | 2,336 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 3,596 SF |
| Year Built | 1950 |
| Parking Ratio | 10.01/1,000 SF |
About the Property
Prominently situated along Newport Avenue, this former restaurant property encompasses 3,569 square feet on a 0.44-acre lot within East Providence’s C3 commercial district. The single-tenant building offers on-site parking with 36 surface spaces and benefits from high visibility in a well-trafficked corridor directly across from a new 144-unit residential development. With easy access to public transportation, commuter rail, and major highways, this location is well-positioned for a variety of retail, dining, or redevelopment opportunities.?
- Bus Line
- Fireplace
- Restaurant
- Signage
- Monument Signage
- Air Conditioning
Nearby Major Retailers
Presented by
Pho TAAB INC
140 Newport Ave
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