Lab/Office Sub Let in Lexington
Rent: $125K annually
Term: 15 months
Description of premises for lease at 44 Hartwell Avenue, Suite 192, Lexington, MA 02421
Lab 2 and – 900 sq ft
Office 1 – 120 sq ft
Reception area - 180 sq. ft.
Kitchen – 140 sq. ft.
Loading Dock access – 96 sq. ft.
Bathrooms – 160 sq. ft.
Other shared space (access to lab/office, etc.) – circa 600 sq. ft.
Conference Rooms (on an as available basis):
Medium CR – 110 sq ft
Large CR – 280 sq ft
Included in rent:
- Operating expenses, excluding electricity
- Real Estate taxes
- ARE fees for sublet application consideration
- Kitchen supplies as determined by census of employees and allocated proportionally
- Electricity charges to be allocated based on a survey of electrical use and equipment used.
- Stericycle, or other provider of waste disposal services
- Dedicated Wi-Fi and guest Wi-Fi network, support of this network and printer (assuming reasonable utilization) - $200 / month
- Phone service
- Agreement to decommission of lab upon exit as well as certification of cleanliness.
- Evidence of insurance consistent with that required in Verseau’s lease (required for submittal to ARE for consideration of tenancy)
- Description of chemicals and their quantity to be used (required for submittal to ARE for consideration of tenancy)
- Security deposit of 1 month’s rent ($10,415.00) as well as 1st month’s rent ($10,415.00)
44 Hartwell Avenue
Lexington , MA 02421 Category: Sub-Lease Property Use: Lab,Office Parking: Yes Building Size (sqft): 6400 Available Space (sqft): 1500 Date of Construction: Renovated in 2014 Property Owner: ARE Date Posted: 08-16-2017 12:31 PM