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Ludlow Plaza 425 Center St 1,758 - 27,103 SF of Retail Space Available in Ludlow, MA 01056
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 15,228 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor | 1,758 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 4 | 10,117 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
433 Center St - 1st Floor
Great junior anchor space on an end cap of a grocery-anchored shopping center. Owner-occupied and well maintained, the property enjoys tremendous access from and visibility to Interstate 90 and abundant parking.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- 1 Loading Dock
- Anchor Space
433 Center St - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
433 Center St - 1st Floor - Ste 4
Former Joann's space in good condition. Inline space in well-trafficked and well-maintained owner-occupied shopping Center. Big Y anchors the center. Abundant parking and strong visibility to Interstate 90.
- Fully Built-Out as Standard Retail Space
- 1 Loading Dock
- Anchor Space
- Visibility to interstate, pylon, grocer-anchored
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 LUDLOW PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Ace Hardware
- Hardware
- 4,594
- International
- Big Y
- Supermarket
- 113
- Regional
- Children & Family Dentistry & Braces
- MD/DDS
- 7
- Regional
- Cluett Appliance
- Appliances
- 1
- Local
- Great Clips
- Salon/Barber/Spa
- 6,156
- International
- Ludlow Nails & Spa
- Salon/Barber/Spa
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Ace Hardware | Hardware | 4,594 | International |
| Big Y | Supermarket | 113 | Regional |
| Children & Family Dentistry & Braces | MD/DDS | 7 | Regional |
| Cluett Appliance | Appliances | 1 | Local |
| Great Clips | Salon/Barber/Spa | 6,156 | International |
| Ludlow Nails & Spa | Salon/Barber/Spa | 1 | Local |
PROPERTY FACTS
| Total Space Available | 27,103 SF | Center Properties | 1 |
| Center Type | Neighborhood Center | Gross Leasable Area | 114,454 SF |
| Parking | 500 Spaces | Total Land Area | 11.00 AC |
| Stores | 10 | Year Built | 1970 |
| Total Space Available | 27,103 SF |
| Center Type | Neighborhood Center |
| Parking | 500 Spaces |
| Stores | 10 |
| Center Properties | 1 |
| Gross Leasable Area | 114,454 SF |
| Total Land Area | 11.00 AC |
| Year Built | 1970 |
NEARBY MAJOR RETAILERS
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Ludlow Plaza | 425 Center St
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