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1940 Boston Post Rd 1,400 - 4,230 SF of Retail Space Available in Guilford, CT 06437
HIGHLIGHTS
- Excellent co-tenants anchored by ALDI Supermarket
- 162 apartments being built behind the retail
- Near I-95 Interchange
- At signalized intersection on Boston Post Rd. Development shares traffic light with Guilford Commons
- Upscale CT shoreline community
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,400-4,230 SF | 10 Years | $58.00 /SF/YR $4.83 /SF/MO $245,340 /YR $20,445 /MO | Triple Net (NNN) |
1st Floor
Build to suit, can be subdivided to 1400 square feet. Current tenants in this retail park include Aldi, Chipotle, and Starbucks
- Lease rate does not include utilities, property expenses or building services
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 1940 BOSTON POST RD, GUILFORD, CT 06437
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- ALDI
- Retailer
- -
- -
- Chipotle
- Retailer
- -
- -
- Starbucks
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| ALDI | Retailer | - | - |
| Chipotle | Retailer | - | - |
| Starbucks | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 4,230 SF | Gross Leasable Area | 4,230 SF |
| Min. Divisible | 1,400 SF | Construction Status | Proposed |
| Property Type | Retail |
| Total Space Available | 4,230 SF |
| Min. Divisible | 1,400 SF |
| Property Type | Retail |
| Gross Leasable Area | 4,230 SF |
| Construction Status | Proposed |
ABOUT THE PROPERTY
Brand new development on Boston Post Rd. Co-tenants include ALDI Supermarket, Chipotle and Starbucks. The remaining space is 4230 SF (It can be subdivided, if necessary) next to ALDI. In addition to signage shown there is an option to permit tenants in the available space to put an additional sign on the ALDI building facing Boston Post Road, subject to Town approval. The site is directly across from Guilford Commons sharing a traffic signal with our development. Area retailers include TJ Maxx, Fresh Market, Old Navy, Michael's and DSW. In addition to the commercial development there are 162 apartments approved which will be built simultaneously.
NEARBY MAJOR RETAILERS
Presented by
JAZ Brokerage Service, LLC
1940 Boston Post Rd
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