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505 Jermor Ln 17,107 SF of Retail Space Available in Westminster, MD 21157
Highlights
- Originally Martin's Westminster (Iconic convention and events center.)
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 17,107 SF | Negotiable | $72.00 /SF/YR $6.00 /SF/MO $1,231,704 /YR $102,642 /MO | Triple Net (NNN) |
1st Floor
Now Leasing: A Westminster Landmark, Reimagined for Growth. 505 Jermor Lane puts your business at the intersection of everything that matters, literally. This 17,800 SF space sits at the crossroads of Route 140 and Route 97 in the 140 Village Shopping Center, formerly home to Martin’s Westminster, and it’s built to perform: spacious enough to function as a true convention center or large-format event venue, versatile enough to support nearly any business model. Minutes from McDaniel College and LifeBridge Health’s Carroll Hospital, this location delivers consistent daily traffic and a built-in customer base that shows up in your visibility, your foot traffic, and ultimately your bottom line. The math works in your favor: $6 per SF annually plus $4.15 NNN, $15,055.83 per month, all-inclusive, numbers as competitive as the location itself. Whether you’re expanding your footprint or launching something new, this is space that earns its keep. Private tours are available now.
- 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 | 17,107 SF | Gross Leasable Area | 18,000 SF |
| Property Type | Retail | Year Built/Renovated | 1971/2000 |
| Property Subtype | Restaurant | Parking Ratio | 2.78/1,000 SF |
| Total Space Available | 17,107 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 18,000 SF |
| Year Built/Renovated | 1971/2000 |
| Parking Ratio | 2.78/1,000 SF |
About the Property
NEW COMMERCIAL LEASE AVAILABLE! Previously the Martin’s Westminster located in the 140 Village Shopping Center, a Westminster landmark! We are now offering a fantastic commercial space now available for lease!! 505 Jermor Lane is 17,800 SF. Annual lease amount is $6 p/ SF plus $4.15 NNN ($15,055.83 p/ month including NNN fees). Conveniently located at the intersection of 2 major crossroads, Route 140 and Route 97 and close to McDaniel College and Lifebridge Health's Carroll Hospital. If your business is growing and or needs a new home, come to the best location in town. Schedule your private tour today.
- Atrium
- Conferencing Facility
- Food Court
- Mezzanine
- Restaurant
- Security System
- Signage
- Drive Thru
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Balcony
- Cafe
- Locker Room
Nearby Major Retailers
Contact the Leasing Agent
505 Jermor Ln