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61-65 Nicholas Rd 400 - 3,800 SF of Space Available in Framingham, MA 01701
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,500 SF | 1-5 Years | $20.00 /SF/YR $1.67 /SF/MO $30,000 /YR $2,500 /MO | Plus All Utilities | ||
| 2nd Floor | 400-800 SF | 1-2 Years | $16.00 /SF/YR $1.33 /SF/MO $12,800 /YR $1,067 /MO | Tenant Electric | ||
| 2nd Floor | 400 SF | 1-5 Years | $16.00 /SF/YR $1.33 /SF/MO $6,400 /YR $533.33 /MO | Modified Gross | ||
| 2nd Floor | 500 SF | 1-5 Years | $16.00 /SF/YR $1.33 /SF/MO $8,000 /YR $666.67 /MO | Triple Net (NNN) | ||
| 2nd Floor | 600 SF | 1 Year | $16.00 /SF/YR $1.33 /SF/MO $9,600 /YR $800.00 /MO | Modified Gross |
1st Floor
Retail space for lease on Nicolas Road.
- Listed lease rate plus proportional share of utilities
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Private Restrooms
- Drop Ceilings
- Established business location.
2nd Floor
- Tenant responsible for usage of lights and electrical outlets
- Office intensive layout
- Fits 4 - 8 People
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Shower Facilities
2nd Floor
Retail space available for lease.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Heavy daytime foot traffic.
2nd Floor
Retail space available for lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Heavy daytime foot traffic.
2nd Floor
Retail space available for lease.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Established business location.
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 | 3,800 SF | Gross Leasable Area | 18,774 SF |
| Min. Divisible | 400 SF | Year Built | 1998 |
| Property Type | Retail | Parking Ratio | 4.26/1,000 SF |
| Property Subtype | Storefront |
| Total Space Available | 3,800 SF |
| Min. Divisible | 400 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 18,774 SF |
| Year Built | 1998 |
| Parking Ratio | 4.26/1,000 SF |
ABOUT THE PROPERTY
The main level features a 1,500 sq ft store and two office spaces available for lease in an 18,774 sq ft multi-use building in desirable North Framingham. The first floor houses six retail stores, while the second floor consists of six office spaces. The building is professionally managed and offers ample parking for over 84 cars. It is conveniently located just minutes from Route 9 and the Mass Pike. Tenants are responsible only for their own electric and gas bills.
- Air Conditioning
NEARBY MAJOR RETAILERS
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61-65 Nicholas Rd
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