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Fitness Studio at Dover Rug Building Complex 721 Worcester St 2,000 SF of Retail Space Available in Natick, MA 01760
HIGHLIGHTS
- Turn key fitness space used as a yoga studio
- Busy center with shared locker room with Dover Squash
- Attached to Dover Rug building - Rt. 9 Natick
- $40K of recent upgrades including mirrors, air exchange system & much more
- Rt, 9 signage and large parking lot
- Availability arranged
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 2 | 2,000 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $36,000 /YR $3,000 /MO | Triple Net (NNN) |
2nd Floor, Ste 2
Connected to the 30,000 s.f. Dover Rug building & shared entry with Dover Squash, this 2nd floor studio has been used as for yoga & fitness classes for several years. Total s.f. (usable s.f.) is approx. 2,000 s.f. – the enclosed studio space is approx. 600 s.f. and can be expanded by removing the demising wall. The entire 2nd floor is approx. 1,400 s.f. (exclusive use.) The additional s.f. includes shared use of the facility’s bathrooms and showers. Locker room facilities are shared with Dover Squash. Also great for other uses such as dance, ballet, yoga, personal training, medical sports therapy etc. The existing yoga studio owner spent $40,000 for new HVAC, humidifying system, fresh air ex-change and mirrors. Rt. 9 signage & tons of parking !
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
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 FITNESS STUDIO AT DOVER RUG BUILDING COMPLEX
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Dover Rug
- Floor Covering
- 1
- -
- Dover Squash
- -
- 1
- -
- Shanti Yoga
- -
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Dover Rug | Floor Covering | 1 | - |
| Dover Squash | - | 1 | - |
| Shanti Yoga | - | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,000 SF | Year Built/Renovated | 2012/2021 |
| Property Type | Retail | Parking Ratio | 1.64/1,000 SF |
| Property Subtype | Health Club | Cross Streets | Rt 9 |
| Gross Leasable Area | 28,000 SF |
| Total Space Available | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Health Club |
| Gross Leasable Area | 28,000 SF |
| Year Built/Renovated | 2012/2021 |
| Parking Ratio | 1.64/1,000 SF |
| Cross Streets | Rt 9 |
ABOUT THE PROPERTY
RT. 9 FOR LEASE 721 WORCESTER ST., NATICK FITNESS STUDIO & 1ST FLOOR SPACE
- Freeway Visibility
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Fitness Studio at Dover Rug Building Complex | 721 Worcester St
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