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Wallingford Plaza 950-978 N Colony Rd 4,234 SF of Retail Space Available in Wallingford, CT 06492
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,234 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $59,276 /YR $4,940 /MO | Triple Net (NNN) |
970 N Colony Rd - 1st Floor
Wallingford Plaza offers an exceptional leasing opportunity in a high-visibility, high traffic location at the intersection of Route 15 and Route 5, two of Central CT's main thoroughfares. located in the geographic center of the State, Wallingford Plaza is easily accessible and surrounded by a strong mix of national retailers and restaurants along the thriving Rt 5 corridor. The plaza features 22K total space and currently has two available spaces, one space of approx. 1296 SF and another of approx. 2,938 SF. These spaces can be combined to create a space of approx. 4,234 SF. Anchored by Holiday Cinemas and featuring ample parking, prominent monument signage and exceptional daily traffic, Wallingford Plaza is an ideal location for retailers, restaurants and service providers looking to establish or expand their presence in a dynamic and growing market.
- 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.
SELECT TENANTS AT WALLINGFORD PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Moe's Southwest Grill
- Fast-food
- 793
- National
- Silas Deane Paw Deane Pawn LLC
- Pawn Shop
- 10
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Moe's Southwest Grill | Fast-food | 793 | National |
| Silas Deane Paw Deane Pawn LLC | Pawn Shop | 10 | Local |
PROPERTY FACTS
| Total Space Available | 4,234 SF | Frontage | 900’ on N. Colony Rd. (US RT 5) |
| Center Type | Community Center | Gross Leasable Area | 127,339 SF |
| Parking | 1447 Spaces | Total Land Area | 13.06 AC |
| Stores | 13 | Year Built | 1967 |
| Center Properties | 6 |
| Total Space Available | 4,234 SF |
| Center Type | Community Center |
| Parking | 1447 Spaces |
| Stores | 13 |
| Center Properties | 6 |
| Frontage | 900’ on N. Colony Rd. (US RT 5) |
| Gross Leasable Area | 127,339 SF |
| Total Land Area | 13.06 AC |
| Year Built | 1967 |
FEATURES AND AMENITIES
- Freeway Visibility
- Signage
NEARBY MAJOR RETAILERS
Presented by
Wallingford Plaza | 950-978 N Colony Rd
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