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PRIME RETAIL LOCATION 71-20 Grand Ave
5,000 SF of Retail Space Available in Maspeth, NY 11378
Highlights
- Parking available for up to 15 cars
- Build-able to 20,000 sf C2-2 R 6B Zoning
- Great for Childcare, Fast Food, Banking, Retail store
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,000 SF | 10-30 Years | $36.00 /SF/YR $3.00 /SF/MO $180,000 /YR $15,000 /MO | Triple Net (NNN) |
1st Floor
- 77,000 Population in a 1 mile radius - Grand Avenue is the prime retail strip - Residential market supports financial, apparel, food, services, community and more. - 1/4 mile easy access from the Long Island Expressway - 8,500 Vehicles a day on Grand Avenue at 72nd Place - Environmentally clean
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
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 71-20 Grand Ave , Maspeth, NY 11378
| Property Type | Retail | Year Built | 1955 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 4/1,000 SF |
| Gross Leasable Area | 5,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,000 SF |
| Year Built | 1955 |
| Parking Ratio | 4/1,000 SF |
About the Property
Join the newly invigorated retail Grand Avenue Maspeth Corridor PRIME RETAIL LOCATION CORNER LOT in the heart if Maspeth- DIVISiBLE Available 5,000 SF Retail + 4,660SF Parking directly within 1000 ft of 3 Schools - School of Heroes, Maspeth High School and IS 73 Middle School .... Join the revitalized Grand Avenue with new Nationals within a few blocks such as Starbucks, Burger King, Keyfood, Carvel, AT &T .... ETC NEAR:.... Maspeth Savings, Bank of America, Chase Bank, Ridgewood Bank, Stop an Shop, Grand Florist, Metro Therapy, Ivarone, Dunkin Donuts, Verizon, Investors Bank, CVS, Fame Diner, Family Dollar & Many More!!! Zoning R-B - C 2-2 Total Lot Size 2 lots 10,000 SF = 5,000 SF RETAIL + 5,347 SF PARKING (INCLUDES 1500 sq ft CORNER LOT)
- Banking
- Bus Line
- Corner Lot
- Dedicated Turn Lane
Nearby Major Retailers
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PRIME RETAIL LOCATION | 71-20 Grand Ave
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