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120 Broadway St 4,611 SF of Retail Space Available in Buffalo, NY 14203
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 4,611 SF | 16’ | Negotiable | $19.89 CAD/SF/YR $1.66 CAD/SF/MO $91,721 CAD/YR $7,643 CAD/MO | Triple Net (NNN) |
1st Floor
Hard to find free-standing auto service/retail building in Downtown Buffalo with dedicated parking, three curb cuts and on a very busy signalized intersection. The building encompasses 6,200 square feet of clear span service bays along with a small retail area, customer bathrooms and a managers office. Inside the service area there is a mezzanine office, a janitorial room and a storage room with a dedicated at-grade door. Could also be a redevelopment site.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- 8 Loading Docks
- Wi-Fi Connectivity
- Security System
- Corner Space
- High Ceilings
- Exposed Ceiling
- Secure Storage
- Emergency Lighting
- After Hours HVAC Available
- Finished Ceilings: 16’
- Smoke Detector
- Busy corner location
- Superb access to two highways, entire CBD
- Off street parking
- Clear span service bays/warehouse space
- Redevelopment opportunity
- Floor drains in service area
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 | 4,611 SF | Gross Leasable Area | 6,200 SF |
| Property Type | Retail | Year Built | 1983 |
| Property Subtype | Auto Repair | Parking Ratio | 2.58/1,000 SF |
| Total Space Available | 4,611 SF |
| Property Type | Retail |
| Property Subtype | Auto Repair |
| Gross Leasable Area | 6,200 SF |
| Year Built | 1983 |
| Parking Ratio | 2.58/1,000 SF |
ABOUT THE PROPERTY
Hard to find 6,200 square foot standalone building with off-street parking on a busy, signalized intersection in Downtown Buffalo. The majority of the building is clear span with a length of 81'. Ceiling heights are 16' to the roof joist. Floor drains run the length of the space and there are eight grade-level garage doors. There is also a customer waiting area that could be used for the same purpose or converted into offices, a showroom or a retail use. A completed redevelopment of this prime location into a different use is also a possibility.
- 24 Hour Access
- Corner Lot
- Mezzanine
- Pylon Sign
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Smoke Detector
NEARBY MAJOR RETAILERS
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120 Broadway St
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