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New Paltz - Art, Culture, Entertainment 16 N Chestnut St 6,560 SF of Retail Space Available in New Paltz, NY 12561
HIGHLIGHTS
- Busy Location; Student Life & Night Life
- Nearby Starbucks, McGuillicuddy's, P&G's, & More
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,560 SF | Negotiable | $41.53 CAD/SF/YR $3.46 CAD/SF/MO $272,428 CAD/YR $22,702 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- 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 | 6,560 SF | Gross Leasable Area | 6,560 SF |
| Property Type | Retail | Year Built/Renovated | 1862/2015 |
| Property Subtype | Freestanding |
| Total Space Available | 6,560 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 6,560 SF |
| Year Built/Renovated | 1862/2015 |
ABOUT THE PROPERTY
The building at 16 N Chestnut Street in New Paltz, NY, has a rich history dating back to the 1860s. Originally serving as a community meeting place, its expansive upstairs space hosted meetings, live theater, lectures, and art exhibitions, while the downstairs area accommodated a restaurant and various retail uses. In the 1960s, it became home to Barnaby's Restaurant on the ground floor and a movie theater upstairs, much to the delight of New Paltz residents. Barnaby's was known for its cozy downstairs ambiance and a spacious upstairs area featuring high ceilings, beautiful windows, and historic woodwork. In recent years, the building was leased by Goodwill Church, which utilized the space for Sunday school and community rooms while preserving the original architectural features. New Paltz, NY, is a vibrant college town known for its blend of history, culture, and natural beauty, making it an excellent destination for tourism and marketing opportunities. Home to SUNY New Paltz, a highly regarded public university, the town attracts thousands of students, fostering a lively, youthful atmosphere that supports local businesses, arts, and entertainment. The Mohonk Preserve and Minnewaska State Park offer stunning hiking trails, rock climbing, and scenic views, drawing outdoor enthusiasts year-round. Historic Huguenot Street, one of the oldest preserved streets in the U.S., provides a unique cultural and educational experience. With a thriving arts scene, farm-to-table restaurants, and a strong emphasis on sustainability, New Paltz appeals to a diverse audience, from students and families to adventurers and history buffs. Its strategic location between New York City and Albany makes it a convenient getaway for urban dwellers seeking a charming, nature-filled retreat.
NEARBY MAJOR RETAILERS
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New Paltz - Art, Culture, Entertainment | 16 N Chestnut St
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