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Farmers Market Plaza 386 Columbia Rd 1,600 SF of Retail Space Available in Hanover, MA 02339
HIGHLIGHTS
- On busy Route 53 with excellent visibility in close proximity to Route 3.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,600 SF | Negotiable | $22.50 /SF/YR $1.88 /SF/MO $36,000 /YR $3,000 /MO | Modified Gross |
1st Floor
1,600 S.F. End Cap Unit with Drive-Thru. Two 3-Bay sinks and 1 stand-alone sink. Walk-in CoolTrol Cooler/Freezer. $3,000/month modified gross lease, plus utilities. Formerly home to Edible Arrangements. Drive-Thru, bay sinks, and walk in cooler already in place. Perfect Retail Space for Restaurant, Coffee Shop, Bakery, Bank, etc.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Private Restrooms
- Freezer Space
- Drive Thru
- End Cap Unit
- Located on the very busy Route 53 in Hanover
- Drive-Thru
- Walk-in CoolTrol Cooler/Freezer
- Two Three-Bay Sinks
- One Stand-Alone Sink
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 | 1,600 SF | Total Land Area | 1.60 AC |
| Property Type | Retail | Year Built | 1973 |
| Gross Leasable Area | 19,596 SF |
| Total Space Available | 1,600 SF |
| Property Type | Retail |
| Gross Leasable Area | 19,596 SF |
| Total Land Area | 1.60 AC |
| Year Built | 1973 |
ABOUT THE PROPERTY
Farmers Market Plaza is located on very busy Route 53 (Columbia Road) in Hanover, Ma. directly across from the new Planet Fitness. Tenants include The Old Railroad Cafe, Feel Nails Spa, Max and Mia's Children's Salon, South Shore Dance Ensemble, and more! 1,600 S.F. end cap unit available now for lease! Previous Tenant was Edible Arrangements and a drive-thru, two three-bay sinks, one stand-alone sink, and CoolTrol walk-in cooler/freezer is already in place. Perfect for Restaurant use! Farmers Market Plaza is located at 386 Columbia Road which is Route 53 in very close proximity to Route 139, Route 14, and Route 3
- Bus Line
- Pylon Sign
- Drive Thru
NEARBY MAJOR RETAILERS
Presented by
The Stratton Group
Farmers Market Plaza | 386 Columbia Rd
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