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Hawthorne North 435 Newbury St 500 - 7,475 SF of Space Available in Danvers, MA 01923
SPACE AVAILABILITY (6)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 112 | 2,540 SF | 3-5 Years | $20.00 /SF/YR $1.67 /SF/MO $50,800 /YR $4,233 /MO | Plus All Utilities | ||
| 2nd Floor, Ste 210-212 | 1,774 SF | Negotiable | $13.00 /SF/YR $1.08 /SF/MO $23,062 /YR $1,922 /MO | Plus All Utilities | ||
| 2nd Floor, Ste 211 | 887 SF | Negotiable | $13.00 /SF/YR $1.08 /SF/MO $11,531 /YR $960.92 /MO | Plus All Utilities | ||
| 2nd Floor, Ste 214 | 887 SF | Negotiable | $13.00 /SF/YR $1.08 /SF/MO $11,531 /YR $960.92 /MO | Plus All Utilities | ||
| 2nd Floor, Ste 216 | 887 SF | Negotiable | $13.00 /SF/YR $1.08 /SF/MO $11,531 /YR $960.92 /MO | Plus All Utilities | ||
| 2nd Floor, Ste 224 | 500 SF | Negotiable | $14.50 /SF/YR $1.21 /SF/MO $7,250 /YR $604.17 /MO | Plus All Utilities |
1st Floor, Ste 112
Very attractive 2,540 +/- square foot street level corner retail suite featuring mens & ladies handicap accessible private bathrooms. Tenant will have zero NNN expenses but will have a $150 bi-annual maintenance fee and their own utilities. There is an unbelievable amount of parking surrounding the facility and location is easily accessible from both directions of traffic.
- Listed lease rate plus proportional share of utilities
2nd Floor, Ste 210-212
Unit 210-212 has 6 private offices of varying sizes.
- Listed lease rate plus proportional share of utilities
2nd Floor, Ste 211
Spacious office suite now available located on the second floor. Two private offices with a large bullpen area. Shared restrooms and elevator is located in the building.
- Listed lease rate plus proportional share of utilities
2nd Floor, Ste 214
Suite 214 is comprised of two large private offices and a reception area.
- Listed lease rate plus proportional share of utilities
- 2 Private Offices
2nd Floor, Ste 216
Unit 216 is comprised of two private offices, conference room and a small waiting area.
- Listed lease rate plus proportional share of utilities
- 2 Private Offices
- 1 Conference Room
2nd Floor, Ste 224
2-room office suite with plenty of natural sunlight.
- Listed lease rate plus proportional share of utilities
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 | 7,475 SF | Total Land Area | 4.22 AC |
| Property Type | Retail | Year Built | 1987 |
| Property Subtype | Storefront | Parking Ratio | 4/1,000 SF |
| Gross Leasable Area | 44,228 SF |
| Total Space Available | 7,475 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 44,228 SF |
| Total Land Area | 4.22 AC |
| Year Built | 1987 |
| Parking Ratio | 4/1,000 SF |
ABOUT THE PROPERTY
The Hawthorne North Plaza is situated on busy Route 1 in Danvers, at the rotary connecting Route 1 to Route 95, and sees about 16,123 +/- vehicles per day. There is an unbelievable amount of parking surrounding the facility and location is easily accessible from both directions of traffic. Anchored by the Ponte Vecchio restaurant and other quality retail shops & spas, come join other designers, attorneys, medical and like-professionals in this gorgeous fully handicap accessible location!
- Atrium
- Bus Line
- Property Manager on Site
- Restaurant
Presented by
Hawthorne North | 435 Newbury St
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