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elm st plaza 292 Elm St
1,317 SF of Retail Space Available in Monroe, CT 06468
Highlights
- END CAP RETAIL UNIT #7
- Dry Use Retail or Professional Office Desired
- Large widows display, excellent visibility
- Unit #7-1317 SF, End-Cap location, $18 NNN ($6.08) + trash
- Active plaza in town center built in 2006
- 1 Acre Site, B1 Zoning, 42 parking spaces
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 7 | 1,317 SF | 9’ | 5 Years | $25.60 CAD/SF/YR $2.13 CAD/SF/MO $275.51 CAD/m²/YR $22.96 CAD/m²/MO $2,809 CAD/MO $33,710 CAD/YR | Triple Net (NNN) |
292 Elm St - 1st Floor - Ste 7
Excellent end-cap location in this fully occupied popular shopping plaza located in central Monroe, just off of Route 111/Monroe Turnpike. The end-cap location was a former phone repair shop and the build out remains as such. Any product could be sold at this location. There is a counter, separation of retail and back office area and a restroom for staff. Tons of parking and great long term tenants are in the plaza including A&S Deli, Board and Brush, Dr Adalaliz Gomez Chiropractor, Rebel Tattoo and Smoker's Tune. Owner's septic capacity will not allow for any users that require water or septic such as a food use, nail salon or hair salon. Only dry retail uses or a professional office would be considered. This is the best rate on this side of town. Don't miss out!
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Anchor Space
- Central Air Conditioning
- Private Restrooms
- Security System
- Corner Space
- Drop Ceilings
- Recessed Lighting
- After Hours HVAC Available
- Finished Ceilings: 9’
- Professional Lease
- Smoke Detector
- Monroe Center Location
- 1,317 SF, End Cap Unit, Great Retail or Office
- Low Rate and Low NNN in an updated plaza
- Tenant pays rent, plus utilities and NNN psf
- Total Base Rent + NNN = $2,642.78 plus utilities
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 elm st plaza
- Tenant
- Description
- US Locations
- Reach
- A&S Fine Foods of Monroe
- Retailer
- -
- -
- Board & Brush
- Art/Crafts
- 273
- National
- Dr Adalaiz Gomez
- Health Care and Social Assistance
- 1
- -
- Rebel Tattoo, PLLC
- Retailer
- 1
- -
- Smoke Tune
- Retailer
- -
- -
- VACANT (Former IRepair)
- -
- -
- -
| Tenant | Description | US Locations | Reach |
| A&S Fine Foods of Monroe | Retailer | - | - |
| Board & Brush | Art/Crafts | 273 | National |
| Dr Adalaiz Gomez | Health Care and Social Assistance | 1 | - |
| Rebel Tattoo, PLLC | Retailer | 1 | - |
| Smoke Tune | Retailer | - | - |
| VACANT (Former IRepair) | - | - | - |
PROPERTY FACTS FOR 292 Elm St , Monroe, CT 06468
| Center Type | Strip Center | Frontage | 219’ on Elm St |
| Parking | 50 Spaces | Gross Leasable Area | 8,667 SF |
| Stores | 7 | Total Land Area | 1.00 AC |
| Center Properties | 1 | Year Built | 2005 |
| Center Type | Strip Center |
| Parking | 50 Spaces |
| Stores | 7 |
| Center Properties | 1 |
| Frontage | 219’ on Elm St |
| Gross Leasable Area | 8,667 SF |
| Total Land Area | 1.00 AC |
| Year Built | 2005 |
About the Property
Premium Elm Street Plaza in the center of Monroe has its last unit available for lease. Unit #7 is an end-cap retail or office space that is 1317 SF. The former location of a Paisano's Pizza has been completely renovated and is now going to be a non-food use business. The unit with large glass windows on either side of the front glass door and an open floor plan with an ADA restroom. Additional parking and dumpsters in the rear. Mailboxes on the side. A great plaza with visibility to Rte 111. Visible and just steps from one of the most active intersections in Monroe, Elm and Route 111. Current retailers in plaza include A&S Fine Foods of Monroe, Dr. Gomez Chiropractor, Board & Brush and Smoker's Tune and Rebel Tattoo. Elm Street Plaza was built in 2006 and is a brick rectangle plaza that is in the center of town. Monument sign in front. 42 parking spaces. Enjoy the opportunity to utilize space in an active center with excellent tenants for your continued growth of business. LOW base rent plus lower NNN lease for a newer building. Nicely maintained plaza, great curb appeal and active. The rent is $1,975.50 plus NNN is $6.08 PSF (Taxes, Insurance & Maintenance) is an additional $667.28 per month. Total monthly total rent = $2,642.78.
- Fenced Lot
- Pylon Sign
- Signage
- Monument Signage
- Air Conditioning
Nearby Major Retailers
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elm st plaza | 292 Elm St
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