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2543 Jerome Ave 5,000 SF of Retail Space Available in Bronx, NY 10468
HIGHLIGHTS
- First time offered in over 50 years!
- Next Door to Monroe College
- Logical Divisions Considered
- Ground Floor Retail
- All uses considered
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 5,000 SF | 12’ | 1-10 Years | $55.84 CAD/SF/YR $4.65 CAD/SF/MO $279,184 CAD/YR $23,265 CAD/MO | Modified Gross |
1st Floor
Ground Floor Retail Backyard Storage 46' Frontage
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- High Ceilings
- Secure Storage
- Finished Ceilings: 12’
- Heavy daytime foot traffic
- Steps away from Monroe College
- Big Open space
- Minimal columns
- All uses considered
- Large Development Happening Nearby
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 | 5,000 SF | Year Built/Renovated | 1957/2005 |
| Property Type | Retail | Parking Ratio | 0.79/1,000 SF |
| Gross Leasable Area | 5,060 SF |
| Total Space Available | 5,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 5,060 SF |
| Year Built/Renovated | 1957/2005 |
| Parking Ratio | 0.79/1,000 SF |
ABOUT THE PROPERTY
2543 Jerome Ave is a prime retail space located in a bustling area next to Monroe College. With thousands of students frequenting the area, this space is ideal for businesses looking to tap into a young and energetic market. The surrounding area is also experiencing significant new development, adding to the foot traffic and potential customer base. This space is available for lease and offers an exciting opportunity for businesses looking to thrive in a high-traffic location.
NEARBY MAJOR RETAILERS
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2543 Jerome Ave
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