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220-230 Lexington Ave
1,000 SF of Retail Space Available in Buffalo, NY 14222
Highlights
- Neighborhood is walkable and vibrant
- Multiple successful, established co-tenants in the building and surrounding neighborhood.
- Charming character with exposed brick walls
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,000 SF | Negotiable | $26.08 /SF/YR $2.17 /SF/MO $280.72 /m²/YR $23.39 /m²/MO $2,173 /MO $26,080 /YR | Triple Net (NNN) |
Ground
Base rent is $2174/mo, NNN NNN are $26/mo, the pro-rata share of insurance and taxes Total monthly rent is $2200/mo
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Space is in Excellent Condition
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 220-230 Lexington Ave , Buffalo, NY 14222
| Property Type | Retail | Gross Leasable Area | 21,000 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1915 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 21,000 SF |
| Year Built | 1915 |
About the Property
1,000 SF retail space with an open floor plan, exposed brick, and high ceilings. There is a built out storage and office section in the rear of the space. Building retail tenants include Kunis Sushi, Saint Neri, and Wild Things Jewelry. The available building is located on a corner in the Elmwood Village. A popular neighborhood in the city of Buffalo, NY, Elmwood Village is bordered by Buffalo State College campus, and Delaware Park, a historic park system design by Frederick Law Olmsted. Elmwood Village is home to numerous local bars, restaurants, and shops, as well as several national retailers including Starbucks, Bank of America, M&T Bank, and Panera. As one of Upstate New York's most popular neighborhoods, Elmwood Village has a population of highly educated young working professionals.
Nearby Major Retailers
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220-230 Lexington Ave
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