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Retail/Flex Space 1995 Central Ave 1,500 - 5,600 SF of Space Available in Albany, NY 12205
HIGHLIGHTS
- High traffic location
- Expansion possibility
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor - 1 | 4,100 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross | ||
| 1st Floor, Ste 5 | 1,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross |
1st Floor - 1
appx 2950 warehouse with 14' ceilings, (3) 12' overhead doors, 900+/- sqft 2nd floor office space other space available, will consider further division.
- Listed rate may not include certain utilities, building services and property expenses
- Includes 900 SF of dedicated office space
1st Floor, Ste 5
$2300 a month plus utilities, 1500 usable, appx 1600 rentable with share of common area that contains landlord maintained restrooms.
- Listed rate may not include certain utilities, building services and property expenses
- Space In Need of Renovation
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 RETAIL/FLEX SPACE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Costumer
- Retailer
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Costumer | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 5,600 SF | Gross Leasable Area | 15,044 SF |
| Property Type | Retail | Year Built | 1959 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.66/1,000 SF |
| Total Space Available | 5,600 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 15,044 SF |
| Year Built | 1959 |
| Parking Ratio | 0.66/1,000 SF |
ABOUT THE PROPERTY
Flex space on Busy Central Ave, DOT shows appx 23,000 vehicles per day pass this site. Other space available in the building retail. Seller will consider TI's with reasonable lease term. Great set up for a business needing material and vehicle storage. $4600 a month plus utilities.
- Pylon Sign
NEARBY MAJOR RETAILERS
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Retail/Flex Space | 1995 Central Ave
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