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560 S Main St 9,010 SF of Retail Space Available in Andover, MA 01810
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 9,010 SF | 14’ - 16’ | Negotiable | $26.64 /SF/YR $2.22 /SF/MO $240,026 /YR $20,002 /MO | Triple Net (NNN) |
1st Floor
Situated on Route 28 at the intersection of Route 125, with convenient access to I-93 and I-495, 560 South Main Street offers a 9,010 sq/ft commercial building on 1.46 acres, ideally suited for restaurant operators, retail users, or mixed-use redevelopment. The property enjoys easy access from both northbound and southbound traffic, enhancing visibility and customer convenience. Built in 2008, the property has long served as the home of Tokyo Steakhouse, a well-established hibachi and sushi restaurant that has drawn steady customer traffic for years. Its proven success at this location underscores the strength of the site, with excellent visibility, high daily traffic counts, and close proximity to both residential neighborhoods and business districts. Whether continuing its tradition as a dining destination or repositioning the site for alternative commercial use, 560 South Main Street presents a rare opportunity in Andover’s thriving commercial corridor. 3d tour here - https://listing3d.com/embed/r0d939a9d7bf14fb6bd95803efcbd400b
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Finished Ceilings: 14’ - 16’
- Busy intersection with excellent visibility
- Route 28 - 21,000 ADT and Route 125 - 15,000 ADT
- Direct Frontage with signage opportunity
- Strategically positioned for maximum exposure
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 | 9,010 SF | Gross Leasable Area | 9,010 SF |
| Property Type | Retail | Year Built | 2008 |
| Property Subtype | Restaurant | Parking Ratio | 11.1/1,000 SF |
| Total Space Available | 9,010 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 9,010 SF |
| Year Built | 2008 |
| Parking Ratio | 11.1/1,000 SF |
ABOUT THE PROPERTY
Situated on Route 28 at the intersection of Route 125, with convenient access to I-93 and I-495, 560 South Main Street offers a 9,010 sq/ft commercial building on 1.46 acres, ideally suited for restaurant operators, retail users, or mixed-use redevelopment. The property enjoys easy access from both northbound and southbound traffic, enhancing visibility and customer convenience. Built in 2008, the property has long served as the home of Tokyo Steakhouse, a well-established hibachi and sushi restaurant that has drawn steady customer traffic for years. Its proven success at this location underscores the strength of the site, with excellent visibility, high daily traffic counts, and close proximity to both residential neighborhoods and business districts. Whether continuing its tradition as a dining destination or repositioning the site for alternative commercial use, 560 South Main Street presents a rare opportunity in Andover’s thriving commercial corridor. 3d tour here - https://listing3d.com/embed/r0d939a9d7bf14fb6bd95803efcbd400b
NEARBY MAJOR RETAILERS
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560 S Main St
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