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84 N Plank Rd
3,471 SF of Retail Space Available in Newburgh, NY 12550
Sublease Highlights
- Drive thru lanes
- Vault
- Pneumatic tubes
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,471 SF | Sep 2029 | $31.00 /SF/YR $2.58 /SF/MO $333.68 /m²/YR $27.81 /m²/MO $8,967 /MO $107,601 /YR | Modified Gross |
1st Floor
Join Walgreens at 84 North Plank Road (Route 32), Newburgh NY. Other area retailers include Market 32, Big Lots, Advance Auto Parts, Dollar Tree, KFC and Planet Fitness. Traffic count averages 13,500 vehicles per day. The former bank building has 3 drive thru-lanes, which would be perfect for a variety of uses. The sublease runs through 9/29/2029.
- Sublease space available from current tenant
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Bank
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air and Heating
- Kitchen
- Private Restrooms
- Print/Copy Room
- Security System
- Drop Ceilings
- Secure Storage
- After Hours HVAC Available
- End cap space with three drive thru lanes.
- Next to Walgreens
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.
SELECT TENANTS AT 84 N Plank Rd, Newburgh, NY 12550
- Tenant
- Description
- US Locations
- Reach
- Walgreens
- Drug Store
- 10,396
- International
| Tenant | Description | US Locations | Reach |
| Walgreens | Drug Store | 10,396 | International |
PROPERTY FACTS FOR 84 N Plank Rd , Newburgh, NY 12550
| Property Type | Retail | Year Built | 2013 |
| Property Subtype | Storefront | Parking Ratio | 2.64/1,000 SF |
| Gross Leasable Area | 17,961 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 17,961 SF |
| Year Built | 2013 |
| Parking Ratio | 2.64/1,000 SF |
About the Property
Join Walgreens in an end cap unit at 84 North Plank Road (AKA Route 32) in Newburgh, NY. Other area retailers include Market 32, Advance Auto Parts, Big Lots, Dollar Tree, KFC and Planet Fitness. Traffic counts average 13,500 vehicles per day. The former bank building has 3 drive-thru lanes, which would be perfect for a variety of uses. Asking rent is $31 psf Gross. The premises are available as a sublease which runs through 9/29/2029 with the potential to make a direct deal with the landlord. The space is in excellent condition, has central HVAC, a kitchenette, and private bathrooms.
- 24 Hour Access
- Banking
- Signalized Intersection
- Tenant Controlled HVAC
- Drive Thru
-
David Perlmutter -
Perlmutter Properties Inc.
Presented by
84 N Plank Rd
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