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Former Citizens Bank 405 Portland Ave
1,828 SF of Retail Space Available in Rollinsford, NH 03869
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 1,828 SF | Negotiable | £23.67 /SF/PA £1.97 /SF/MO £254.78 /m²/PA £21.23 /m²/MO £43,269 /PA £3,606 /MO | Triple Net |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- 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 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 405 Portland Ave , Rollinsford, NH 03869
| Property Type | Retail | Year Built | 1977 |
| Property Subtype | Bank | Parking Ratio | 10.94/1,000 SF |
| Gross Internal Area | 1,828 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Internal Area | 1,828 SF |
| Year Built | 1977 |
| Parking Ratio | 10.94/1,000 SF |
About the Property
Subject property consists of two lots and is located in both Dover and Rollinsford. The parking is in Dover and the Rollinsford side is the site of the building improvements, providing exceptional visibility due to its corner location and is directly across the street from an Irving gas station. This property has been previously occupied by the Citizens Savings Bank for a number of years and is in good condition; both exterior and interior have been well taken care of. The building has a drive-thru window for convenience. The Dover portion of the lot is 1.89+/- acres and has primarily been utilized for the parking. The property has great parking and is highly visible. Ownership would love to have a long term lease with a great tenant! Owner is open to a land lease as well.
- Banking
- Corner Lot
- Pylon Sign
- Signage
- Signalised Intersection
- Drive Thru
-
Dave Garvey -
Viktoria Alkova -
Ethan Ash -
Coastal Land & Commercial Group at Keller Williams
Presented by
Former Citizens Bank | 405 Portland Ave
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