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1 Chestnut Pl 1,294 SF of Retail Space Available in Quincy Center, MA 02169
HIGHLIGHTS
- this property offers great access to public transportation.
- This area has high foot traffic.
- This area has heavy daytime traffic.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,294 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
- Fully Built-Out as Standard Retail Space
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 | 1,294 SF | Gross Leasable Area | 5,808 SF |
| Property Type | Retail | Year Built | 2020 |
| Property Subtype | Freestanding |
| Total Space Available | 1,294 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 5,808 SF |
| Year Built | 2020 |
ABOUT THE PROPERTY
This property is currently under construction. 1 Chestnut Place will feature retail space, and the space is scheduled for completion in June 2020. This is a prime opportunity to acquire a commercial asset. This property is centrally located in a desirable part of town, boasting quality neighboring tenants. The lot offers high visibility. This area has a high traffic count and heavy daytime traffic. The amenities offered at this location make this a priceless commercial venture.
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Granite St | Parkingway St, SW | 18,436 | 2025 | 0.07 mi |
| Washington St | Maple St, W | 12,586 | 2025 | 0.11 mi |
| Coddington St | Faxon Ave, NE | 10,772 | 2025 | 0.16 mi |
| Upland Rd | Saville St, NW | 23,378 | 2025 | 0.17 mi |
| Hancock St | Saville Ave, NW | 24,404 | 2025 | 0.22 mi |
| Hancock St | Revere Rd, N | 13,436 | 2025 | 0.24 mi |
| Washington St | Elm St, W | 19,876 | 2025 | 0.27 mi |
| Walter J. Hannon Parkway | - | 11,949 | 2023 | 0.29 mi |
| Hancock St | Dimmock St, NW | 21,390 | 2025 | 0.32 mi |
| School St | Parkingway St, NE | 7,592 | 2025 | 0.41 mi |
NEARBY MAJOR RETAILERS
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