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2956-2960 Erie Blvd E 10,040 SF of Retail Space Available in De Witt, NY 13224
Highlights
- 2956-2960 Erie Blvd East represents a rare opportunity to acquire or lease a 10,040 SF freestanding facility situated on a 1.4 acre parcel
- Full equipped commercial
- Turnkey
- New HVAC, plumbing and electrical
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,040 SF | 1-10 Years | $24.66 CAD/SF/YR $2.05 CAD/SF/MO $247,539 CAD/YR $20,628 CAD/MO | Triple Net (NNN) |
1st Floor
2956-2960 Erie Blvd East represents a rare opportunity to acquire or lease a 10,040 SF freestanding facility situated on a 1.4 acre parcel within the region’s premier commercial artery. With an exceptional parking ratio of 10.00/1,000 SF (100 spaces), this site is engineered for high-volume operations. The property commands excellent visibility on Erie Boulevard, 130’ on Erie Boulevard, the market's highest-volume surface street, supporting approximately 21,000 VPD (vehicle per day). Strategic proximity to the I-690 interchange provides seamless connectivity to the Syracuse/DeWitt CBD (commercial business district) and the greater I-81 corridor. The asset is positioned within a core retail cluster featuring national category leaders such as Walmart, Trader Joe's, Best Buy, and The Home Depot. The property features 140 sitting capacity dinning area, 5 private karaoke/party rooms, elevator, fully equipped commercial kitchen, BBQ tables, outdoor dinning patio and loading dock. Flexible commercial zoning supporting a wide range of retail, restaurant, and showroom uses. Retail Anchors: just minutes from major shopping destinations. Medical and Professional Hubs: Proximity to dense concentration of medical offices, 4 major hospitals and 2 universities, provides a built-in daytime population of professionals and clients. Investment asset: economic catalysts & development pipeline such as recent significant public and private developments including Micron, new proposed hubs, ever expanding University student housing, further solidify this corridor as a premier destination. Whether you are looking to re establish a sizable restaurant or to expand commercial retail presences, this property offers immediate upside for an owner/user or value-add investor with high traffic volume, regional market positioning, and investment stability.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café 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.
Property Facts
| Total Space Available | 10,040 SF | Gross Leasable Area | 10,040 SF |
| Property Type | Retail | Year Built/Renovated | 1960/2024 |
| Property Subtype | Restaurant | Parking Ratio | 13.07/1,000 SF |
| Total Space Available | 10,040 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 10,040 SF |
| Year Built/Renovated | 1960/2024 |
| Parking Ratio | 13.07/1,000 SF |
About the Property
10,040 square foot, fully renovated restaurant on 1.4 acres.
- Bus Line
- Signage
Nearby Major Retailers
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2956-2960 Erie Blvd E
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