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Forest Commons 2040-2060 Forest Ave 3,604 - 15,782 SF of Retail Space Available in Staten Island, NY 10303
HIGHLIGHTS
- Very Busy Shopping Center with Excellent Frontage and Visibility to Forest Avenue
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2 | 7,070 SF | Negotiable | $48.83 CAD/SF/YR $4.07 CAD/SF/MO $345,242 CAD/YR $28,770 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 7 | 3,604 SF | 10 Years | $48.83 CAD/SF/YR $4.07 CAD/SF/MO $175,991 CAD/YR $14,666 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 8 | 5,108 SF | Negotiable | $48.83 CAD/SF/YR $4.07 CAD/SF/MO $249,434 CAD/YR $20,786 CAD/MO | Triple Net (NNN) |
2040-2050 Forest Ave - 1st Floor - Ste 2
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
2040-2050 Forest Ave - 1st Floor - Ste 7
Situated in Very Active Shopping Center anchored by Western Beef, Planet Fitness, Advance Auto, Mavis Tire, Jimmy Jazz, Dollar Tree, Sally Beauty, GNC, H & R Block, Metro PCS, Dentist, Cheng's Chinese Restaurant, Rent A Center, Lumber Liquidators & Benjamin Moore.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- High Ceilings
- Drop Ceilings
- Recessed Lighting
2040-2050 Forest Ave - 1st Floor - Ste 8
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
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.
SITE PLAN
SELECT TENANTS AT FOREST COMMONS
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Dollar Tree
- Dollar/Variety/Thrift
- 10,426
- International
- Lumber Liquidators
- Floor Covering
- 381
- National
- Sally Beauty Supply
- Health & Beauty Aids
- 2,956
- International
- Western Beef
- Supermarket
- 33
- Regional
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Dollar Tree | Dollar/Variety/Thrift | 10,426 | International |
| Lumber Liquidators | Floor Covering | 381 | National |
| Sally Beauty Supply | Health & Beauty Aids | 2,956 | International |
| Western Beef | Supermarket | 33 | Regional |
PROPERTY FACTS
| Total Space Available | 15,782 SF | Frontage | 895’ on Forest Ave |
| Center Type | Community Center | Gross Leasable Area | 165,059 SF |
| Parking | 585 Spaces | Total Land Area | 21.53 AC |
| Stores | 21 | Year Built | 1993 |
| Center Properties | 2 | Cross Streets | NWC Heaney & Forest Ave |
| Total Space Available | 15,782 SF |
| Center Type | Community Center |
| Parking | 585 Spaces |
| Stores | 21 |
| Center Properties | 2 |
| Frontage | 895’ on Forest Ave |
| Gross Leasable Area | 165,059 SF |
| Total Land Area | 21.53 AC |
| Year Built | 1993 |
| Cross Streets | NWC Heaney & Forest Ave |
ABOUT THE PROPERTY
Forest Commons is a neighborhood community center anchored by a Western Beef grocery store The property also contains a mix of retail uses including Planet Fitness, Dollar Tree, Snipes and Advance Auto Parts. The property sits in the northwestern quadrant of Staten Island on the major east/west retail corridor serving the neighborhoods north of the Staten Island Expressway (I-278).
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Forest Commons | 2040-2060 Forest Ave
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