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Stop & Shop Orleans Pad 24 Route 6A 23,000 SF of Retail Space Available in Orleans, MA 02653
HIGHLIGHTS
- Number One Shopping Plaza for the Lower Cape
- Plaza was Totally Renovated in 1995
- Other Plaza Retailers include Papa Gino's
- High Traffic Volume Year Round
- 75,000 SF Super Stop & Shop and a New TJ Maxx Store
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste PAD | 23,000 SF | 10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste PAD
Rent is $75,000/year NNN for a new retail pad opportunity. Total land area is 23,000 SF while the GLA is around 4,000 SF. Highly visible retail pad within this vibrant shopping center which can accommodate approximately 4,000 SF of retail. Just off the highly traveled Orleans Rotary, visible from Route 6 and easily accessible through a signalized access along Route 6A and Route 28.
- 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.
PROPERTY FACTS
| Total Space Available | 23,000 SF | Total Land Area | 11.16 AC |
| Property Type | Retail | Year Built/Renovated | 1972/2003 |
| Property Subtype | Supermarket | Parking Ratio | 7.32/1,000 SF |
| Gross Leasable Area | 182,060 SF | Cross Streets | Rte 6A & Rte 28 |
| Total Space Available | 23,000 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 182,060 SF |
| Total Land Area | 11.16 AC |
| Year Built/Renovated | 1972/2003 |
| Parking Ratio | 7.32/1,000 SF |
| Cross Streets | Rte 6A & Rte 28 |
ABOUT THE PROPERTY
The Cranberry Cove Plaza currently consists of an existing 115,425 square foot shopping center including a Super Stop & Shop Supermarket, a TJ Maxx store and a Papa Gino’s restaurant with a total of 521 parking spaces. Primary access to the site is provided by way of the signalized driveway and two secondary driveways. This very successful year round shopping plaza is utilized by local and regional consumers from Provincetown to East Harwich, including Chatham and Brewster. During the summer season the trade area population doubles and at times triples.
- Enclosed Mall
NEARBY MAJOR RETAILERS
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Stop & Shop Orleans Pad | 24 Route 6A
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