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Wavecrest Shopping Center 229-265 Beach 20Th St 512 SF of Retail Space Available in Far Rockaway, NY 11691
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste PHL-ST01 | 512 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste PHL-ST01
Versatile commercial space available on Beach 20th Street in the busy Wavecrest Shopping Center, ideal for retail, office, or service-based use. Formerly a quick-service restaurant, the space can be easily adapted to suit a variety of business types. Enjoy excellent visibility, steady foot traffic, and convenient access within this established neighborhood shopping center.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Excellent Foot Traffic and Ample Parking
- High Visibility Signage Opportunity
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 WAVECREST SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Bank of America
- Bank
- 6,622
- International
- Dunkin'
- Donut Shop
- 11,795
- International
- Shop Fair
- Supermarket
- 5
- Local
- Subway
- Sub Sandwich
- 28,947
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Bank of America | Bank | 6,622 | International |
| Dunkin' | Donut Shop | 11,795 | International |
| Shop Fair | Supermarket | 5 | Local |
| Subway | Sub Sandwich | 28,947 | International |
PROPERTY FACTS
| Total Space Available | 512 SF | Gross Leasable Area | 69,318 SF |
| Property Type | Retail | Year Built | 1989 |
| Property Subtype | Storefront | Parking Ratio | 1.63/1,000 SF |
| Total Space Available | 512 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 69,318 SF |
| Year Built | 1989 |
| Parking Ratio | 1.63/1,000 SF |
ABOUT THE PROPERTY
Wavecrest Shopping Center is a well-trafficked retail hub in Far Rockaway, Queens, located adjacent to the Wavecrest Gardens apartment community. This retail features a strong mix of national and local retailers including CVS, Shop Fair, and Dunkin’ with ample on-site parking.
- Signage
NEARBY MAJOR RETAILERS
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Wavecrest Shopping Center | 229-265 Beach 20Th St
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