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Eastern Bank 34 Chapman St 2,372 SF of Retail Space Available in Quincy, MA 02170
Highlights
- VERSATILE ZONING
- ABSOLUTE NNN LEASE
- OUTSTANDING BRANCH DEPOSITS
- WOLLASTON URBAN REVITALIZATION DISTRICT
- EXCELLENT FRONTAGE, VISIBILITY & ACCESS
- STRONG DEMOGRAPHICS
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,372 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
- 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 Eastern Bank
- Tenant
- Description
- US Locations
- Reach
- Eastern Bank
- Bank
- 168
- Regional
| Tenant | Description | US Locations | Reach |
| Eastern Bank | Bank | 168 | Regional |
Property Facts
| Total Space Available | 2,372 SF | Gross Leasable Area | 2,372 SF |
| Property Type | Retail | Year Built | 1965 |
| Property Subtype | Bank | Cross Streets | Clay St |
| Total Space Available | 2,372 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 2,372 SF |
| Year Built | 1965 |
| Cross Streets | Clay St |
About the Property
Horvath & Tremblay is pleased to offer for sale or lease the Eastern Bank investment property located at 34 Chapman Street in Quincy, Massachusetts (the “Property”). Eastern Bank has an Absolute NNN Lease that has less than 1 year of term remaining. Eastern Bank has given notice that it will not renew its lease and will vacate at the end of the term. The Property is zoned Business C, one of the most versatile zoning designations in Quincy. 34 Chapman Street offers the opportunity to re-tenant the Property, redevelop the Property, or to use the Property as an owner-user opportunity. Eastern Bank occupies a prominent corner parcel at the intersection of Chapman Street and Clay Street in Wollaston, one of Quincy’s densely populated and well-established residential neighborhoods. The Property benefits from excellent visibility and accessibility and is located directly across from CVS, just moments from Hancock Street and Newport Avenue, two of the area’s primary commercial and commuter corridors. The location is approximately 0.2 miles from Wollaston Station and within walking distance of several MBTA bus stops, providing convenient public transportation access throughout the South Shore and into Boston. The Property also offers quick access to Interstate 93, enhancing regional connectivity for commuters and local residents alike. Positioned near the center of Quincy and close to Wollaston Beach, the Property benefits from proximity to major employment hubs along the South Shore and in Downtown Boston, supporting strong daily traffic patterns and long-term location appeal.
- Bus Line
- Drive Thru
Nearby Major Retailers
Presented by
Eastern Bank | 34 Chapman St
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