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HIGHLIGHTS
- 6.08± Acre Site - Paved Parking for Over 150 Vehicles
- Zoning: CMD (Commercial Mill District)
- Mass DOT Traffic Counts on Interstate 195 - 85,487 Vehicles/Day in 2024
- Security Cameras in all Spaces
- High Visibility: Direct Visibility on Interstate 195 - Minutes from New Bedford - Heavy Daily Traffic
- Adjacent to Self Storage Facility and Dollar Tree
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 4th Floor - 40A | 1,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Plus All Utilities | ||
| 4th Floor - 41 | 15,500 SF | Negotiable | $5.95 /SF/YR $0.50 /SF/MO $92,225 /YR $7,685 /MO | Plus All Utilities |
4th Floor - 40A
Industrial space on 4th floor
- Listed lease rate plus proportional share of utilities
- Central Air and Heating
- Natural Light
4th Floor - 41
11 Foot High Ceilings - Freight Elevator - Passenger Elevator Security Cameras in all Spaces Allowed Uses include - Church, Educational Use, Municipal Use, Bank, Theater, Radio or Television Studio, Professional Office, Telephone Answering Center, Distribution Center, Industrial Research and Development, Processing and Manufacturing, Warehouse, to name a few
- Listed lease rate plus proportional share of utilities
- Central Air and Heating
- Natural Light
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.
SELECT TENANTS AT TOWER MILL
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Artistic Dance Studio
- Dance
- 1
- Local
- Candy & Nut Center
- Candy/Nuts
- 1
- Local
- Company Store Uniform Outlet
- Unisex Apparel
- 1
- Regional
- Frank Clegg Leather Works
- Retailer
- 1
- Local
- New England Shirt Company
- -
- 1
- -
- Racewax.com
- Other Retail
- 1
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Artistic Dance Studio | Dance | 1 | Local |
| Candy & Nut Center | Candy/Nuts | 1 | Local |
| Company Store Uniform Outlet | Unisex Apparel | 1 | Regional |
| Frank Clegg Leather Works | Retailer | 1 | Local |
| New England Shirt Company | - | 1 | - |
| Racewax.com | Other Retail | 1 | National |
PROPERTY FACTS
| Total Space Available | 16,700 SF | Total Land Area | 8.04 AC |
| Property Type | Retail | Year Built/Renovated | 1874/1991 |
| Property Subtype | Freestanding | Parking Ratio | 4.38/1,000 SF |
| Gross Leasable Area | 292,355 SF |
| Total Space Available | 16,700 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 292,355 SF |
| Total Land Area | 8.04 AC |
| Year Built/Renovated | 1874/1991 |
| Parking Ratio | 4.38/1,000 SF |
ABOUT THE PROPERTY
Industrial Building - 4th Floor Suite 41 - 15,500± SF Individually Controlled HVAC - Fully Air Conditioned 6.08± Acre Site - Paved Parking for Over 150 Vehicles 11 Foot High Ceilings - Freight Elevator - Passenger Elevator Security Cameras in all Spaces Zoning: CMD (Commercial Mill District) High Visibility: Direct Visibility on Interstate 195 - Minutes from New Bedford - Heavy Daily Traffic Mass DOT Traffic Counts on Interstate 195 - 85,487 Vehicles/Day in 2024 Mass DOT Traffic Counts on Pleasant St - 15,248 Vehicles/Day in 2025 Adjacent to Self Storage Facility and Dollar Tree Allowed Uses include - Church, Educational Use, Municipal Use, Bank, Theater, Radio or Television Studio, Professional Office, Telephone Answering Center, Distribution Center, Industrial Research and Development, Processing and Manufacturing, Warehouse, to name a few. Also Available on the 4th Floor is Suite 40A, 1,200 SF offered for $800/Month Plus Utilities.
- Food Court
- Freeway Visibility
- Pylon Sign
- Enclosed Mall
NEARBY MAJOR RETAILERS
Presented by
Tower Mill | 657 Quarry St
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