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466-470 Salem St
450 SF of Retail Space Available in Medford, MA 02155
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 466B | 450 SF | Negotiable | $64.25 CAD/SF/YR $5.35 CAD/SF/MO $691.62 CAD/m²/YR $57.64 CAD/m²/MO $2,410 CAD/MO $28,914 CAD/YR | Modified Gross |
1st Floor, Ste 466B
This 450-square-foot retail space is located on the busy main artery that is Salem Street in Medford. Ample street parking is available for any patron. The space itself is in relatively good condition, with some cosmetic wear and tear. There is a full bathroom located in the back, as well as a private basement for storage. A wall-mounted A/C keeps the space cool, and central air is used for the heat.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Private Restrooms
- Drop Ceilings
- Basement
- Busy road
- Private basement
- Ample 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 466-470 Salem St, Medford, MA 02155
- Tenant
- Description
- US Locations
- Reach
- Grêp Kafé & Sweets Bakery
- Bakery
- 1
- -
- H&R Block
- Acctg/Tax Prep
- 13,739
- International
- La Bella Hair
- Salon/Barber/Spa
- 1
- -
- Metro By T-mobile
- Wireless Communications
- 13,240
- National
| Tenant | Description | US Locations | Reach |
| Grêp Kafé & Sweets Bakery | Bakery | 1 | - |
| H&R Block | Acctg/Tax Prep | 13,739 | International |
| La Bella Hair | Salon/Barber/Spa | 1 | - |
| Metro By T-mobile | Wireless Communications | 13,240 | National |
PROPERTY FACTS FOR 466-470 Salem St , Medford, MA 02155
| Property Type | Retail | Gross Leasable Area | 5,000 SF |
| Property Subtype | Storefront | Year Built | 1910 |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 5,000 SF |
| Year Built | 1910 |
About the Property
A block of commercial stores located on the corner of Salem Street and Fellsway West, an ideal location with substantial vehicle and pedestrian traffic.
- Bus Line
- Storage Space
Nearby Major Retailers
Presented by
Marco Realty
466-470 Salem St
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