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5-7 Elm St
450 - 1,075 SF of Space Available in New Canaan, CT 06840
Highlights
- Nearby retailers include Dunkin', Starbucks, Bank of America, Chase, and more.
- This corner location offers high visibility to vehicle and pedestrian traffic.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 7 | 625 SF | Negotiable | $95.25 CAD/SF/YR $7.94 CAD/SF/MO $1,025 CAD/m²/YR $85.44 CAD/m²/MO $4,961 CAD/MO $59,534 CAD/YR | Modified Gross | ||
| 2nd Floor, Ste 5 | 450 SF | Negotiable | $51.03 CAD/SF/YR $4.25 CAD/SF/MO $549.27 CAD/m²/YR $45.77 CAD/m²/MO $1,914 CAD/MO $22,963 CAD/YR | Modified Gross |
1st Floor, Ste 7
This charming brick building in downtown New Canaan offers prime retail space on Elm Street, conveniently located next to The Shade Store. Situated on the corner of Elm and Main, it is highly visible for any business. In addition to the main retail space, there is a large office/storage room on the lower level, providing ample space for storage or additional office needs. The lower level also includes a bathroom, adding to the convenience and functionality of the space. With the lower level storage room and bathroom, this space becomes a versatile and practical option for any business looking to establish a presence in this bustling downtown area.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
2nd Floor, Ste 5
The space is located in a charming brick building from 1987 downtown in New Canaan at the intersection of Elm and Main Street. This Class B office offers a prime location with a fully remodeled second floor and large windows for natural light. Secure this fantastic office space in a desirable location today. Contact us to schedule a viewing or request more information and elevate your business in a space that combines modern amenities with historic charm. Offices may be leased separately.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- 2 Private Offices
- Reception Area
- 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.
PROPERTY FACTS FOR 5-7 Elm St , New Canaan, CT 06840
| Property Type | Retail | Gross Leasable Area | 4,734 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1978 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 4,734 SF |
| Year Built | 1978 |
About the Property
This charming brick building in downtown New Canaan is situated on the corner of Elm and Main, providing a highly visible opportunity for any business. The property benefits from high traffic counts and strong area demographics.
-
Kim Galton -
Houlihan Lawrence Commercial
Presented by
5-7 Elm St
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