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115-20 Jamaica Ave 11520 Jamaica Ave 1 SF of Office Space Available in Richmond Hill, NY 11418
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1 SF | Negotiable | $7.38 CAD/SF/YR $0.61 CAD/SF/MO $7.38 CAD/YR $0.61 CAD/MO | Net |
1st Floor
- Lease rate does not include certain property expenses
- 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 | 1 SF | Gross Leasable Area | 10,315 SF |
| Property Type | Retail | Year Built | 1935 |
| Property Subtype | Bank | Parking Ratio | 1.07/1,000 SF |
| Total Space Available | 1 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 10,315 SF |
| Year Built | 1935 |
| Parking Ratio | 1.07/1,000 SF |
About the Property
$2100 per month 400 sq ft commercial store for rent -OFFICE - NAIL SALON -RETAIL STORE -BOUTIQUE STORE -SMALL FITNESS YOGA CLUB JAMAICA AVE & 116TH STREET 1ST FLOOR STOREFRONT NEXT TO THE SUBWAY WITH A LOT OF FOOT TRAFFIC AND PEOPLE LIVING NEAR BY LOCATION STANDS OUT - COMBINATION OF VISIBILITY, STABILITY AND TRANSIT-DRIVEN FOOR TRAFFIC. CORNER PROPERTY WITH HIGH VISIBILITY. -DENSED RICHMOND HILL/QUEENS AREA -NEAT J/Z SUBWAY LINES, WHICH HELPS EMPLOYEES & CUSTOMERS REACH LOCATION EASILY -THE BUILDING IS ANCHORED BY A LONG-TERM JP MORGAN CHASE BRANCH, WHICH GIVES PROPERTY CREDIBILITY AND STEADY CUSTOMER FLOW -FULLY LEASED RETAIL STRIP -PROPERTY HAS BEEN OPERATING COMMERCIALLY SINCE THE 1930S
- Bus Line
- Commuter Rail
- Corner Lot
- Metro/Subway
- Signalized Intersection
Nearby Major Retailers
Presented by
Dmitry Kolpakov
115-20 Jamaica Ave | 11520 Jamaica Ave
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