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Peartree Square Shopping Center 691 Co-op City Blvd
1,944 - 17,775 SF of Retail Space Available in Bronx, NY 10475
Highlights
- Peartree Square Shopping Center is a supermarket-anchored neighborhood retail center in the Bronx featuring a range of regional and national tenants.
- Join a diverse tenant mix that includes Stop & Shop, Walgreens, USA National Warehouse, Fabulous Optical, Peartree Vision 21 Dry Cleaners, and others.
- Located directly at the corner of Co-op City Boulevard and Peartree Avenue and adjacent to the Co-op City community's over 50,000 residents.
- End-cap and outparcel retail units and second-generation restaurant spaces are available, along with over 600 parking spaces and pylon signage.
- Reach the property via multiple bus routes (Bx17, Bx23, Bx25, Bx28, Bx30, Q50) and quickly access I-95 and Hutchinson River Parkway in minutes.
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 6,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste B | 1,944 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste C | 6,831 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste D | 3,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste A
Second-generation restaurant space. This space is currently occupied by Bobo's Crab Shack with possession to be arranged.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
1st Floor, Ste B
Second-generation restaurant space. This space is currently occupied by Golden Krust with possession to be arranged.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
1st Floor, Ste C
End-cap retail space previously occupied by Advance Auto Parts.
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- 2 Loading Docks
1st Floor, Ste D
This outparcel was formerly occupied by Chase Bank with a drive-thru lane and three additional curb cuts.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Space is an outparcel at this property
- Drive Thru
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.
TENANTS AT Peartree Square Shopping Center
- Tenant
- Description
- SIZE
- MOVE DATE
- US Locations
- Reach
- Stop & Shop
- Supermarket
- 55,000 SF
- 08/2007
- 667
- National
Stop & Shop has been around for more than 100 years. A lot has changed in all that time, but what hasn’t changed is their commitment to making their stores better every day for their associates, customers and the community. Today they proudly operate more than 400 stores throughout New York, New England and New Jersey with the help of 60,000 dedicated associates. They let the customer shop their way — in-store, online, for pickup, or home or business delivery.
- USA Nationwide Warehouse
- Off-Price
- 50,063 SF
- 10/2019
- 14
- Local
Since 1984, when we first opened our doors, National Wholesale Liquidators has maintained a reputation as the place to shop for brand name household goods at everyday low wholesale prices. We have been family owned and operated since the beginning, and since the founders of the company still purchase the merchandise for the stores, you know you are getting the everyday lowest prices around. National Wholesale Liquidators carries over 120,000 items. Of that merchandise, about half are brand name closeout goods and half are every day products that you cannot do with out. We receive scores of new closeouts weekly, so every time you come into one of our stores we have new and exiting closeout merchandise for you to enjoy.
- Walgreens
- Drug Store
- 10,878 SF
- 10/2019
- 10,399
- International
Walgreens is a trusted and convenient local health destination that millions of Americans rely on every day. Their founder, Charles R. Walgreen Sr., was known for finding new ways to connect with customers on a personal level and treating each person like a guest in his own home. For over a century, they have expanded that personal connection through their network of neighborhood pharmacies and their innovative health services and products. The foundation for all of this is their trusted pharmacy expertise, and their team members who provide essential care that helps people achieve better health outcomes at an affordable cost.
- Golden Krust
- Restaurant
- 2,000 SF
- 12/2018
- 155
- National
Golden Krust Caribbean Restaurant is a premier producer, and the largest franchisor of authentic Caribbean cuisine sold in franchise restaurants throughout North America. The original restaurant was formed 30 years ago and still exists today. Golden Krust produces millions of Jamaican patties per year, with systemwide sales also in the millions.
- Pear Tree Beauty Supply
- Health & Beauty Aids
- 2,000 SF
- 10/2019
- 1
- Local
Locally owned and operated beauty and nail salon located in Bronx, NY.
- BoBo's Crab Shack
- Restaurant
- 2,000 SF
- 01/2021
- 1
- Local
Bobo's Crab Shack is committed to bringing big bold flavors and Southern Hospitality to the community. Their ingredients are fresh and cooked in 100% real butter, with no BS. They value customer service and quality food along with adding extra doses of fun. Experience flavor climax in every bag! Bobo's Crab Shack is committed to bringing big bold Cajun flavors and Southern Hospitality to the Bronx community. Their ingredients are fresh and cooked in 100% real butter, with no BS. They value customer service and quality food along with adding extra doses of fun. Come enjoy the best Cajun seafood in Bronx area
- Co-Op City Laundromat
- Laundry
- 1,411 SF
- 08/2017
- 1
- Local
Local laundromat that is located and serving people that are also located in Bronx, New York.
- Peartree Vision 21 Dry Cleaners
- Laundry
- 955 SF
- 08/2018
- 1
- Local
Local dry cleaning company located in Bronx, New York. Established in 2001.
- Fabulous Optical
- Eyeware Accessories
- 950 SF
- 02/2022
- 2
- Local
When anyone walks through their doors, they will be greeted by a compassionate and experienced team that is dedicated to providing high-quality, personalized eye care for the whole family in a friendly and professional environment. Their goal is to meet and exceed their customers expectations by providing friendly service and quality products at affordable prices. They conduct comprehensive exams which allow them to accurately detect eye disease or other abnormalities early, often before they present any symptoms. They also carry a wide selection of designer frames and sunglasses in their optical shop in order to fulfill the individual needs of each of their patients. Their mission is to provide their patients with optimal eye care to insure the health of their eyes and the quality of their vision.
| Tenant | Description | SIZE | MOVE DATE | US Locations | Reach |
| Stop & Shop | Supermarket | 55,000 SF | 08/2007 | 667 | National |
| USA Nationwide Warehouse | Off-Price | 50,063 SF | 10/2019 | 14 | Local |
| Walgreens | Drug Store | 10,878 SF | 10/2019 | 10,399 | International |
| Golden Krust | Restaurant | 2,000 SF | 12/2018 | 155 | National |
| Pear Tree Beauty Supply | Health & Beauty Aids | 2,000 SF | 10/2019 | 1 | Local |
| BoBo's Crab Shack | Restaurant | 2,000 SF | 01/2021 | 1 | Local |
| Co-Op City Laundromat | Laundry | 1,411 SF | 08/2017 | 1 | Local |
| Peartree Vision 21 Dry Cleaners | Laundry | 955 SF | 08/2018 | 1 | Local |
| Fabulous Optical | Eyeware Accessories | 950 SF | 02/2022 | 2 | Local |
PROPERTY FACTS FOR 691 Co-op City Blvd , Bronx, NY 10475
| Property Type | Retail | Year Built | 2003 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 4.26/1,000 SF |
| Gross Leasable Area | 141,156 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 141,156 SF |
| Year Built | 2003 |
| Parking Ratio | 4.26/1,000 SF |
About the Property
Peartree Square Shopping Center, located at 691 Co-op City Boulevard, is a supermarket-anchored shopping center with over 600 parking spaces, high street signage visibility, and multiple pylon signage opportunities. Strategically located directly across from the Co-op City residential developments, Peartree Square is ideally positioned to service the Co-op City community's more than 50,000 residents. Center co-tenants include Stop & Shop, Walgreens, USA National Warehouse, Fabulous Optical, Pear Tree Beauty Supply, Peartree Vision 21 Dry Cleaners, and more. End-cap, in-line, and outparcel retail and restaurant opportunities in various sizes and configurations are available for tenant occupancy. Situated at the intersection of Co-op City Boulevard and Peartree Avenue, the center is bordered by multiple bus stops (Bx17, Bx23, Bx25, Bx28, Bx30, Q50) and mere minutes from Interstate 95 and the Hutchinson River Parkway. Peartree Square Shopping Center strives to provide a comprehensive retail experience, ensuring patrons can effortlessly find everything from groceries and apparel to electronics and beyond.
- Bus Line
- Pylon Sign
- Signage
Marketing Brochure
DEMOGRAPHICS
Demographics
About Bronx
The Bronx is the third most densely populated county in the U.S. The Bronx is one of 10 counties in the nation that saw above-average population growth over the past decade, reaching an all-time high of 1.47 million residents per the 2020 U.S. Census data. Recent apartment development is concentrated in the southern part of the Bronx, which has benefited from significant public investment and proximity to Manhattan.
The Bronx has many well-known attractions, including the New York Botanical Garden; the Bronx Zoo; and Yankee Stadium, completed in 2009 and seats 52,000 spectators. The Bronx is home to a number of educational institutions including Fordham University and Albert Einstein College of Medicine.
The Bronx benefits from an extensive transportation network: seven subway lines that traverse the borough, stops on the Northeast Regional and Metro-North train lines, and a new ferry service linking Soundview in the Bronx to Wall Street. The Metro-North railroad is expanding service to the Bronx, with three new platforms currently under construction on the New Haven line. This service expansion, with a direct connection to Penn Station, will create opportunities for developers and businesses to expand into underserved areas of the Bronx.
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| BoBo's Crab Shack | Wings | - | In Building |
| Golden Krust | - | - | In Building |
| Dunkin' | Cafe | - | 10 min walk |
Retail |
||
|---|---|---|
| USA Nationwide Warehouse | Off-Price | In Building |
| Walgreens | Drug Store | In Building |
| Stop & Shop | Supermarket | In Building |
| United States Postal Service | Business/Copy/Postal Services | 6 min walk |
Hotels |
|
|---|---|
| Residence Inn |
127 rooms
8 min drive
|
| SpringHill Suites |
153 rooms
11 min drive
|
Leasing Team
Leasing Team
Katelin Van Voorhis, Associate
Well versed in national trends and emerging concepts, Katelin is known for her strong relationships within the regional food community and local business networks. She has a strong track record for her work with both credited tenants and seasoned local operators and is widely recognized as a tenacious and effective canvasser. Katelin leverages the depth of her national and local market knowledge to provide creative and intelligent real estate solutions to/for her clients.
Mia Abdou, Assistant Vice President
Mia has recently been selected as a 2021 New York Real Estate Journal Woman in Real Estate and received the 2019 and the 2020 Power Broker Award. Mia holds a Bachelor of Science in Business Administration and Marketing.
-
Katelin Van Voorhis -
Mia Abdou -
RM Friedland
Presented by
Peartree Square Shopping Center | 691 Co-op City Blvd
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