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1140 Franklin Avenue 1140-1150 Franklin Ave 2,640 - 21,945 SF of Space Available in Garden City, NY 11530
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Lower Level, Ste 1140 | 5,000-14,700 SF | 5-10 Years | $27.69 CAD/SF/YR $2.31 CAD/SF/MO $407,043 CAD/YR $33,920 CAD/MO | Plus Electric | ||
| 2nd Floor, Ste 208 | 2,640 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Full Service | ||
| 2nd Floor, Ste 214 | 4,605 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Lower Level, Ste 1140
Shell condition. Basement space. Building has been renovated with two new Entrances, Lobby, Elevators, corridors, and restrooms. Excellent tenant parking. Located in the heart of the Garden City Central Business District. Walking distance to upscale shops and restaurants. Can be connected with build to suit atrium to provide up to 25,000 square feet.
- Listed lease rate plus proportional share of electrical cost
- Mostly Open Floor Plan Layout
- Central Air Conditioning
- Recently renovated shell space
2nd Floor, Ste 208
- Rate includes utilities, building services and property expenses
- Office intensive layout
- Space is in Excellent Condition
2nd Floor, Ste 214
- Space is in Excellent Condition
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
| Total Space Available | 21,945 SF | Gross Leasable Area | 56,000 SF |
| Min. Divisible | 2,640 SF | Year Built/Renovated | 1960/2006 |
| Property Type | Retail | Parking Ratio | 5/1,000 SF |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 21,945 SF |
| Min. Divisible | 2,640 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 56,000 SF |
| Year Built/Renovated | 1960/2006 |
| Parking Ratio | 5/1,000 SF |
ABOUT THE PROPERTY
1140-1150 Franklin Ave is a mixed-use property located in Garden City, New York. The two-story property completed construction in 1960 and was later renovated in 2006.
- Banking
- Bus Line
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS
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1140 Franklin Avenue | 1140-1150 Franklin Ave
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