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Stepney Crossing 435 Main St 1,991 - 17,549 SF of Retail Space Available in Monroe, CT 06468
HIGHLIGHTS
- Great Visibility at the Main Street and CT-59 Instersection
- Anchor tenants include a Pharmacy and Bank
- Great for a variety of retail uses.
- Signage
- Ample Parking
- Restaurant Space with its own grease trap system.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 435-A | 1,991 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $31,856 /YR $2,655 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 435-H | 3,434-15,558 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
435 Main St - 1st Floor - Ste 435-A
Unit 435A is 1,991 sq. ft. in size, perfect for a salon or dog groomer, ample parking and excellent high-traffic intersection location, located in the heart of the center with diverse tenants offering a tenant great visibility.
- 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
435 Main St - 1st Floor - Ste 435-H
3,434 SF to 15,558 SF Available, Asking Rate as Follows: 3,434 SF: $20.00/SF NNN 12,124 SF to 15,558 SF: $16.00/SF NNN Former Rite Aid space offering great visibility, located at a signalized intersection of CT Route 25 (Main Street) and CT Route 59. Providing easy access through Monroe and to surrounding towns. Reach out to Atherton Real Estate Advisors for more information.
- 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.
PROPERTY FACTS
| Total Space Available | 17,549 SF | Frontage | Route 25 & Route 59 |
| Min. Divisible | 1,991 SF | Gross Leasable Area | 33,000 SF |
| Center Type | Neighborhood Center | Total Land Area | 4.00 AC |
| Parking | 182 Spaces | Year Built | 1995 |
| Center Properties | 1 |
| Total Space Available | 17,549 SF |
| Min. Divisible | 1,991 SF |
| Center Type | Neighborhood Center |
| Parking | 182 Spaces |
| Center Properties | 1 |
| Frontage | Route 25 & Route 59 |
| Gross Leasable Area | 33,000 SF |
| Total Land Area | 4.00 AC |
| Year Built | 1995 |
ABOUT THE PROPERTY
Atherton Real Estate Advisors exclusively presents for lease 435 Main Street in Monroe. This location is ideal for a salon, restaurant, personal service office center, dance studio, work-out center and just about most retail uses. Anchor tenants are Rite Aid Pharmacy. and M&T Bank. This center located at the corner of the Main Street (CT-25) and CT-59 intersection offers great visibility. Unit 435-A is 1,991 sq. ft. in size, perfect for a salon or dog groomer, ample parking and excellent high-traffic intersection location, located in the heart of the center with diverse tenants offering a tenant great visibility. Unit 435-H is a 15,558 SF soon to be former Rite Aid Space, third party disclaimer regarding bankruptcy. Space is available as 1 unit or 2 units, see Square Footage and Asking Lease Rates Below: 3,434 SF to 15,588 SF Available, Asking Rate as Follows: 3,434 SF: $20.00/SF NNN 12,124 SF to 15,885 SF: $16.00/SF NNN Reach out to Atherton Real Estate Advisors for more information.
- Banking
- Restaurant
- Signage
NEARBY MAJOR RETAILERS
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Stepney Crossing | 435 Main St
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