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Marketplace Center 718 Beacon St
3,005 SF of Retail Space Available in Newton, MA 02459
Highlights
- Immediate neighbors include Beth Israel Deaconess Medical Healthcare, Newton Centre Post Office and Village Bank.
- Area retailers include: Sweet Tomatoes, Sycamore Restaurant, Walgreens and Johnny’s Luncheonette.
- In close proximity to Boston College (14,125 students), Newton Centre MBTA stop as well as the Chestnut Hill Mall.
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 718 | 3,005 SF | Negotiable | £35.43 /SF/PA £2.95 /SF/MO £381.36 /m²/PA £31.78 /m²/MO £106,465 /PA £8,872 /MO | Triple Net |
718 Beacon St - 1st Floor - Ste 718
718 Beacon Street is in very busy Newton Centre located right next door to The United States Post Office and Village Bank. This Plaza has excellent on site parking and has over 173,000 people within 3 miles of this site. Great location! Act Fast!
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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.
SELECT TENANTS AT Marketplace Center
- Beth Israel Health Care
- Era Financial Inc
- First Commons BANK Na
- United States Postal Service
PROPERTY FACTS FOR 718 Beacon St , Newton, MA 02459
| Centre Type | Strip Center | Total Land Area | 0.72 AC |
| Parking | 25 Spaces | Year Built | 1920 |
| Centre Properties | 1 | Cross Streets | Dalton Rd |
| Gross Leasable Area | 15,662 SF |
| Centre Type | Strip Center |
| Parking | 25 Spaces |
| Centre Properties | 1 |
| Gross Leasable Area | 15,662 SF |
| Total Land Area | 0.72 AC |
| Year Built | 1920 |
| Cross Streets | Dalton Rd |
About the Property
718 Beacon Street in Newton Centre offers a high visibility location with heavy traffic. We have 3005 s.f. available in Newton Centre right next to The United States Post Office and Village Bank and in close proximity to Walgreens, Dunkin Donuts, Bank of America, Wellesley bank and many other successful Retailers..
Nearby Major Retailers
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Phil McGuinness - The Stratton Group
Presented by
The Stratton Group
Marketplace Center | 718 Beacon St
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