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152-160 Covert ave
2,900 SF of Retail Space Available in Garden City, NY 11530
Sublease Highlights
- Heavy foot traffic
- 31 Shared Parking Space
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B | 2,900 SF | Feb 2033 | $31.00 /SF/YR $2.58 /SF/MO $333.68 /m²/YR $27.81 /m²/MO $7,492 /MO $89,900 /YR | Modified Gross |
1st Floor, Ste B
Located in the community-rich area of Stewart Manor, Nassau Country. Parking: Facility includes 31 shared customer parking spots. Currently an established Discount & Party Supplies/Gift Store, which is on offer for anyone interested in stepping into a retail business that’s both established and promising. The location includes a spacious retail area of 2,900 SF, complemented by additional basement storage. Key money upon request.
- Sublease space available from current tenant
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Convenience Store
- Located in-line with other retail
- 31 shared customer parking spots
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 broker 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 152-160 Covert ave , Garden City, NY 11530
| Property Type | Retail | Year Built | 1956 |
| Gross Leasable Area | 6,044 SF |
| Property Type | Retail |
| Gross Leasable Area | 6,044 SF |
| Year Built | 1956 |
Nearby Major Retailers
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152-160 Covert ave
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