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Nettles Mall 379-391 S Broadway
2,000 SF of Retail Space Available in Salem, NH 03079
Highlights
- Unit C-3 is 2,000± SF and consists of open space and private bathrooms
- Tenants include FedEx Office, Cartridge World, H&R Block, Trattoria Amalfi, Above the Barre, Fusion Hair Salon, Feel Good Industry, LLC, and more
- The plaza has maintained better than 90% occupancy for over 25 years and features plenty of parking and nicely landscaped grounds
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste C-3 | 2,000 SF | Negotiable | £15.78 /SF/PA £1.31 /SF/MO £169.85 /m²/PA £14.15 /m²/MO £31,560 /PA £2,630 /MO | Triple Net |
379 S Broadway - 1st Floor - Ste C-3
One unit remains in the high traffic Nettles Shoppes retail plaza located close to the New Hampshire/Massachusetts border. Unit C-3 is 2,000± SF and consists of open space and private bathrooms. The plaza has maintained better than 90% occupancy for over 25 years and features plenty of parking and nicely landscaped grounds. Tenants include FedEx Office, Cartridge World, H&R Block, Trattoria Amalfi, Above the Barre, Fusion Hair Salon, Feel Good Industry, LLC, and more. 500’± road frontage on South Broadway/Route 28 with 44,000± VPD according to the Salem Economic Development Committee.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap 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 agent 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 379-391 S Broadway , Salem, NH 03079
| Centre Type | Strip Center | Frontage | 500 ft on S Broadway |
| Parking | 150 Spaces | Gross Leasable Area | 53,141 SF |
| Stores | 1 | Total Land Area | 8.82 AC |
| Centre Properties | 3 | Year Built | 1985 |
| Centre Type | Strip Center |
| Parking | 150 Spaces |
| Stores | 1 |
| Centre Properties | 3 |
| Frontage | 500 ft on S Broadway |
| Gross Leasable Area | 53,141 SF |
| Total Land Area | 8.82 AC |
| Year Built | 1985 |
About the Property
One unit remains in the high traffic Nettles Shoppes retail plaza located near the New Hampshire/Massachusetts border. Unit C-3 is 2,000± SF and consists of open space and a private bathroom. The plaza has maintained better than 90% occupancy for over 25 years and features plenty of parking and nicely landscaped grounds. Tenants include FedEx Office, Cartridge World, H&R Block, Trattoria Amalfi, Above the Barre, Fusion Hair Salon, and more. 500’± road frontage on South Broadway/Route 28 with 44,000± VPD according to the Salem Economic Development Committee.
- Pylon Sign
Nearby Major Retailers
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Hugo Overdeput -
Colliers
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Nettles Mall | 379-391 S Broadway
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