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Parke Plaza Shopping Center 425-477 S Broad St 1,000 - 5,000 SF of Space Available in Meriden, CT 06450
HIGHLIGHTS
- Very busy Rte. 5 area
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 3 | 1,000 SF | 10’ | Negotiable | $16.50 /SF/YR $1.38 /SF/MO $16,500 /YR $1,375 /MO | Triple Net (NNN) | |
| 1st Floor, Ste Pad Site | 3,000-4,000 SF | 10’ | 3-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
425-477 S Broad St - 1st Floor - Ste 3
Recently completely remodeled first floor retail space and or office use whatever one prefers right in line of the shopping center very busy center very good location in the center.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Finished Ceilings: 10’
- Right on route 5 very busy retail section of town,
425-477 S Broad St - 1st Floor - Ste Pad Site
This location is a standalone piece of property currently there is a diner it can be torn down and redone as a ground lease it can have a drive through it can be anything from a drive thru at a restaurant drive through with a financial institution et cetera this is an ideal location it is a prime route 5 area. Annual price is $100,000 At 3,000 sqft: $33.33 At 4,000 sqft: $25
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Mostly Open Floor Plan Layout
- Finished Ceilings: 10’
- Built to suit
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.
SITE PLAN
SELECT TENANTS AT PARKE PLAZA SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Allstate Insurance Company
- Insurance
- 33,864
- International
- Brows By Design
- -
- 1
- -
- Foundation Vitamins & Sports Supplements
- -
- 1
- -
- Instant Imprints
- Other Retail
- 76
- International
- Jazz-N-Motion Studio Of Dance
- Dance
- 1
- -
- The Flag Store of Connecticut
- -
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Allstate Insurance Company | Insurance | 33,864 | International |
| Brows By Design | - | 1 | - |
| Foundation Vitamins & Sports Supplements | - | 1 | - |
| Instant Imprints | Other Retail | 76 | International |
| Jazz-N-Motion Studio Of Dance | Dance | 1 | - |
| The Flag Store of Connecticut | - | 1 | - |
PROPERTY FACTS
| Total Space Available | 5,000 SF | Frontage | S Broad St |
| Min. Divisible | 1,000 SF | Gross Leasable Area | 34,249 SF |
| Center Type | Neighborhood Center | Total Land Area | 3.86 AC |
| Parking | 150 Spaces | Year Built | 1989 |
| Stores | 11 | Cross Streets | Broad Ter S |
| Center Properties | 2 |
| Total Space Available | 5,000 SF |
| Min. Divisible | 1,000 SF |
| Center Type | Neighborhood Center |
| Parking | 150 Spaces |
| Stores | 11 |
| Center Properties | 2 |
| Frontage | S Broad St |
| Gross Leasable Area | 34,249 SF |
| Total Land Area | 3.86 AC |
| Year Built | 1989 |
| Cross Streets | Broad Ter S |
ABOUT THE PROPERTY
VERY NICE SPACE IN THE PARK PLAZA SHOPPING CENTER. BE ON BUSY ROUTE 5. EXCELLENT TRAFFIC COUNT IN THE ATTRACTIVE CENTER.
- 24 Hour Access
- Pylon Sign
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
Diversified Unlimited
Parke Plaza Shopping Center | 425-477 S Broad St
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