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former Red Lobster-for sale or lease 2255 South Rd
8,470 SF of Retail Space Available in Poughkeepsie, NY 12601
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 8,470 SF | Negotiable | $36.00 /SF/YR $3.00 /SF/MO $387.50 /m²/YR $32.29 /m²/MO $25,410 /MO $304,920 /YR | Triple Net (NNN) |
1st Floor
former Red Loster restaurant- 2255 South Road- Poughkeepsie, NY - Prime location on busy Rt. 9 - excellent visibilty, accessibility with curb cuts on 2 roads. Very good condition, 8,500 sq.f.t., 1.77 acres, town water & sewer, 130 car parking, for lease . Seating for 245 people. $36 per sq. ft. , net . Ideal for name brand restautant or medical offices since ample parking. owner may also consider expanding and converting into a retail plaza. Call Walt at Berkshire Hathaway ( 845) 705-0994 wfinnerman@bhhshudsonvalley.com or Brian Mossey at Berkshire Hathaway ( 845) 288-4367 bmossey@bhhshudsonvalley.com
- Lease rate does not include utilities, property expenses or building services
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 2255 South Rd , Poughkeepsie, NY 12601
| Property Type | Retail | Gross Leasable Area | 8,470 SF |
| Property Subtype | Restaurant | Year Built | 1985 |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 8,470 SF |
| Year Built | 1985 |
About the Property
Former Red Lobster now available for lease or sale. 8,470 sq.ft. on 1.77 acres, seats 245 , 130 car parking, 220 ft. road frontage, 2 curb cuts- rt. 9 & South Gate Drive, town water & sewer: Very visible and accessibe site from Rt. 9. Also ideal for retail conversion. Can add up to 10,000 sq.ft. for a total building size of 19,000 sq.ft. For more info and inspection, contact Walt @ 845 705-0994 ot wfinnerman@bhhshudsonvlley.com
- Restaurant
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Walter Finnerman
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Brian Mossey
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The Storage Bin Inc Paul Castellano
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former Red Lobster-for sale or lease | 2255 South Rd
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