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Park N Shop Center 624 Reservoir Ave
1,125 - 3,375 SF of Retail Space Available in Cranston, RI 02910
Highlights
- Area's "go to" for quick lunch.
- Located at major R.I. Intersection.
- Excellent street exposure.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,125-3,375 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
624 Reservoir Ave - 1st Floor
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
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 Park N Shop Center
- Tenant
- Description
- US Locations
- Reach
- Baja's Fresh Grill
- -
- -
- -
- Dunkin' Donuts
- -
- -
- -
- LA Nails
- -
- -
- -
- Naz's Halal Food
- -
- 1
- -
- Subway Restaurants, Inc
- -
- -
- -
| Tenant | Description | US Locations | Reach |
| Baja's Fresh Grill | - | - | - |
| Dunkin' Donuts | - | - | - |
| LA Nails | - | - | - |
| Naz's Halal Food | - | 1 | - |
| Subway Restaurants, Inc | - | - | - |
PROPERTY FACTS FOR 624 Reservoir Ave , Cranston, RI 02910
| Min. Divisible | 1,125 SF | Frontage | |
| Center Type | Strip Center | Gross Leasable Area | 11,250 SF |
| Parking | 78 Spaces | Total Land Area | 1.11 AC |
| Stores | 8 | Year Built | 1960 |
| Center Properties | 1 |
| Min. Divisible | 1,125 SF |
| Center Type | Strip Center |
| Parking | 78 Spaces |
| Stores | 8 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 11,250 SF |
| Total Land Area | 1.11 AC |
| Year Built | 1960 |
About the Property
The available space is well suited for a QSR or other retail based on the high volume of food users and retailers in the immediate area. This property is located at the intersection of Park & Reservoir Avenue, one of Rhode Island's busiest intersections! About a 1/2 mile from I-95 and Rt 10, the property is visited and seen by thousands each month. There is a possibility that a total of 3,375 sf could be available for the right tenant.
- Bus Line
- Dedicated Turn Lane
- Property Manager on Site
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
Park N Shop Center | 624 Reservoir Ave
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