This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Canal Plz
1,350 SF of Retail Space Available in Portland, ME 04101
Space Availability (1)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor | 1,350 SF | 10 ft | Negotiable | £47.10 /SF/PA £3.92 /SF/MO £506.97 /m²/PA £42.25 /m²/MO £63,584 /PA £5,299 /MO | Triple Net |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Finished Ceilings: 10 ft
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 Canal Plz , Portland, ME 04101
| Property Type | Retail | Gross Internal Area | 1,350 SF |
| Property Subtype | Restaurant | Year Built | 2017 |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Internal Area | 1,350 SF |
| Year Built | 2017 |
About the Property
1,350± SF FREE STANDING RETAIL • Concrete and glass circular building offers a superb location for a retail location or café • Opportunity to join Canal Plaza where significant renovations to the ground and plaza levels will create a variety of dynamic retail options • Located between Portland’s historic Old Port and financial districts, Canal Plaza yields a unique combination of readily accessible transit, highly acclaimed restaurants, national and local retailers, and a thriving business environment • FF&E available to purchase
Nearby Major Retailers
-
Power Broker Joseph Malone -
Jennifer Small -
Malone Commercial Brokers
Presented by
Canal Plz
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.