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Newton Corner 261-275 Centre St 888 SF of Office Space Available in Newton, MA 02458
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 1 | 888 SF | Negotiable | $27.00 /SF/YR $2.25 /SF/MO $23,976 /YR $1,998 /MO | Full Service |
2nd Floor, Ste 1
This second floor walkup office suite is conveniently situated in Newton Corner. The suite is 888 sf for $2,000 gross. Providing easy access to commuters and consumers alike, the location is rated as Very Walkable with a Good Transit score. It is only 300 yards from the Mass Pike at interchange 127 and just minutes from Boston College, Landmark’s Embassy Cinema and Watertown Mall as well as a host of other shopping, dining and entertainment options. The Newtonville stop on the MBTA commuter rail is 1.1 miles away and the MBTA bus stop is at the property (Bus #52, 57, 504).
- Rate includes utilities, building services and property expenses
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 NEWTON CORNER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Bertucci's
- Restaurant
- 29
- Regional
- Palm Beach Tan
- Tanning Salon
- 866
- National
- Popeyes
- Fast-food
- 3,997
- International
- Precision Fitness Equipment
- Sporting Goods
- 3
- Local
- Terrene Of Newton
- Other Office
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Bertucci's | Restaurant | 29 | Regional |
| Palm Beach Tan | Tanning Salon | 866 | National |
| Popeyes | Fast-food | 3,997 | International |
| Precision Fitness Equipment | Sporting Goods | 3 | Local |
| Terrene Of Newton | Other Office | 1 | Local |
PROPERTY FACTS
| Total Space Available | 888 SF | Total Land Area | 0.55 AC |
| Property Type | Retail | Year Built | 1945 |
| Property Subtype | Freestanding | Parking Ratio | 2.16/1,000 SF |
| Gross Leasable Area | 29,079 SF |
| Total Space Available | 888 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 29,079 SF |
| Total Land Area | 0.55 AC |
| Year Built | 1945 |
| Parking Ratio | 2.16/1,000 SF |
ABOUT THE PROPERTY
Property Highlights • Prime Newton location • High visibility & foot traffic • Nearby businesses include Bertuccis, Popeyes, Precision Fitness, Terrene of NE, Starbucks and The Lego Store (coming soon)
NEARBY MAJOR RETAILERS
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Newton Corner | 261-275 Centre St
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