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18 Cedar St 2,720 SF of Medical Space Available in Newington, CT 06111
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste A | 2,720 SF | Negotiable | $21.00 /SF/YR $1.75 /SF/MO $57,120 /YR $4,760 /MO | Triple Net (NNN) |
Ground, Ste A
Prime 2,720 SF former medical space at 18A Cedar St in a high traffic plaza anchored by Starbucks, Dollar Tree, and Quest Diagnostics.? Dual access from Cedar St with 26,000 vehicles per day and Main St with 16,000 vehicles per day.? The site offers ample surface parking and a convenient location for patients, customers, and staff.? NNN lease.? Delivery as is.? Tenant responsible for build out and utilities.?
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Medical Space
- Open Floor Plan Layout
- Space is in Excellent Condition
- Size: 2,720 SF
- Former Medical Space
- Traffic counts Cedar St 26,000 VPD and Main St 16,
- ~100+ Parking Spaces
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 | 2,720 SF | Gross Leasable Area | 8,700 SF |
| Property Type | Retail | Year Built | 1984 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 2,720 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 8,700 SF |
| Year Built | 1984 |
NEARBY MAJOR RETAILERS
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18 Cedar St
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