802/804 Federal Road

Description

Two commercial space remains to be leased at this 802 Federal Road location. Rent is $22/S.F. NNN. Leasing includes a substantial build-out allowance for 5 and 10-year leases. Spaces available include 2,141sf, and 1,572sf spaces. A substantial Tenant build-out allowance will allow the tenant to design and build out quality space for their business needs. In addition, 100% of Brookfield’s Real Estate Tax Abatement is being credited to the Tenant for the duration of the multi-year tax abatement allowing for very competitive rent rates on the project. “Brookfield Village” is a multi-phased, mixed-use Commercial and Residential Development Project located in the Brookfield Town Center District's development area. Brookfield Village is Brookfield’s new premier “Town Center District” Master-planned Revitalization providing a charming village community concept on Federal Road. This is now the new “go-to” destination for restaurants, food services, and personal service locations for many area residents. The Brookfield Village Phase 1 and 2 have been completed. Phase 1 is currently 100% leased.The Brookfield Village Project includes four new buildings with 140 apartments and 25,000 s.f. of street-level commercial space. The Town Center District Zone allows many uses including restaurants, food/coffee services, professional/personal services such as salons, spas, retail, and medical-related uses. The project spans over 3.5 acres at 800-802-804 Federal Rd. Brookfield Village is Brookfield’s new premier “Town Center District” Master-planned Revitalization providing a charming village community concept on Federal Road. This is now the new “go-to” destination for restaurants, food services, and personal service locations for many area residents.The Brookfield Village Project includes four new buildings with 88 apartments and 25,000 s.f. of street-level commercial space. The Town Center District Zone allows many uses including restaurants, food/coffee services, professional/personal services such as salons, spas, retail, and medical-related uses.The Brookfield Village Phase 1 and 2 have been completed. Phase 1 is currently 100% leased with Tenant's - Four Corners Nutrition, Subway, Rich’s Ice Cream Dairy, LaPiazza Italian restaurant, Travelling Chic Boutique, and the Honeymoon nail salon. The Phase 2 buildings are completed and ready for 2023 occupancy. Phase 2 contains two buildings fronting on Federal Rd. separated by a large open plaza. These buildings are similar in design and contain two floors of Market-Rate apartments above with first-level commercial space that has an outdoor patio and plaza access. The commercial spaces in Phase Two leased to-date are with a Caf? serving breakfast and lunch; Salt 2.0 serving Bowls, Burritos, and Wraps; a Dental group with six operatories. The regional public transportation bus stop is near the front of Brookfield Village. By car, the location provides easy access from Rte. 25, Super 7 & I-84 via Exit #7.The recent development of the Still River Greenway is an added bonus feature to the Brookfield Village project. Plans are in motion to extend the Greenway Trail up to the doorstep of Brookfield Village.