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20 Atlantic Ave 1,900 SF of Office/Retail Space Available in Lynbrook, NY 11563
HIGHLIGHTS
- High Traffic Area
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 20 | 1,900 SF | Negotiable | $44.08 CAD/SF/YR $3.67 CAD/SF/MO $83,758 CAD/YR $6,980 CAD/MO | Modified Gross |
1st Floor, Ste 20
Prime retail space in the heart of Lynbrook's main thoroughfare. Excellent location for restaurant, retail or office space w/approx. 20feet of frontage. The property has a large municipal lot located directly behind the building and is also within walking distance to the LIRR. Some neighbors include Picker pharmacy, Hallmark gift shop, Vincent's Pizzeria, Angelina's, new wine bar and steak house coming soon. New movie theatre on Merrick Road at the corner.
- Listed rate may not include certain utilities, building services and property expenses
- Central Air and Heating
- Private Restrooms
- Natural Light
- High Traffic Area
- Easy Access to Public Transportation
- Close to LIRR
- On the Bus line
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 | 1,900 SF | Gross Leasable Area | 12,000 SF |
| Property Type | Retail | Year Built | 1926 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.17/1,000 SF |
| Total Space Available | 1,900 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 12,000 SF |
| Year Built | 1926 |
| Parking Ratio | 2.17/1,000 SF |
ABOUT THE PROPERTY
First Floor Space consists of approx. 1,900SF. Potential for retail or office use. Building is located on Atlantic Avenue between Sunrise Highway and Merrick Road. Walking distance to the LIRR, Lynbrook stop. The property is in the center of town in Lynbrook's heavily trafficked shopping area. Plenty of parking on Atlantic Avenue as well as a large parking lot at the rear of the building.
- Air Conditioning
NEARBY MAJOR RETAILERS
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20 Atlantic Ave
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