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245 Broadway
1,700 SF of 4-Star Office Space Available in Schenectady, NY 12305
Highlights
- Heavy Foot Traffic
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 1,700 SF | 10’ | Negotiable | $15.84 /SF/YR $1.32 /SF/MO $170.50 /m²/YR $14.21 /m²/MO $2,244 /MO $26,928 /YR | Modified Gross |
1st Floor
Wow your clients and staff with this Class A street-level office space in the heart of vibrant Downtown Schenectady. The suite has a large reception and open area off the entry, a 12' x 25' Conference Room with a full window wall, 3 private offices, a kitchenette, 2 in-suite ADA restrooms, a storage room, and an I.T. room. Other commercial tenants include Citizens Bank, High Profile Barber Shop, and Easy Method Driving School. Experienced and responsive owner and local property management team. Off-street parking in a gated private lot is negotiable. Close to Proctor's Theatre, shopping, and restaurants. Easy highway access for clients as well as staff attraction and retention. Listing Broker to be present at all showings.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- 3 Private Offices
- 1 Conference Room
- Finished Ceilings: 10’
- Space is in Excellent Condition
- Reception Area
- Private Restrooms
- Secure Storage
- Natural Light
- Wheelchair Accessible
- Class A street-level office space
- Located in the heart of Downtown Schenectady
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 245 Broadway , Schenectady, NY 12305
| Property Type | Retail | Year Built | 2013 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 2.5/1,000 SF |
| Gross Leasable Area | 25,400 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 25,400 SF |
| Year Built | 2013 |
| Parking Ratio | 2.5/1,000 SF |
About the Property
Former Empire State School ready for a new business in the heart of downtown Schenectady. 1700 sqft +/- can be joined with suite 3 for a combined total of 2500+/-. Heavy foot traffic. Surrounding businesses include ICPD, Villa Italia, Proctors Theater and more. Owner will build to suit- walls can be easily opened up for an open concept feel.
- Corner Lot
- Signage
-
Leanna Pace -
Oxford Property Group USA
Presented by
245 Broadway
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