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SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 3043 | 610 SF | 5-10 Years | $60.02 CAD/SF/YR $5.00 CAD/SF/MO $36,615 CAD/YR $3,051 CAD/MO | Modified Gross |
1st Floor, Ste 3043
- Listed rate may not include certain utilities, building services and property expenses
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 | 610 SF | Gross Leasable Area | 4,800 SF |
| Property Type | Retail | Year Built | 1974 |
| Property Subtype | Restaurant | Parking Ratio | 2.29/1,000 SF |
| Total Space Available | 610 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,800 SF |
| Year Built | 1974 |
| Parking Ratio | 2.29/1,000 SF |
ABOUT THE PROPERTY
3037-3049 Merrick Rd, a magnificent commercial property located in the desirable area of Wantagh, New York. This prime location offers an exceptional opportunity for businesses looking to establish themselves in a vibrant and high-traffic area. Situated along the bustling Merrick Road, this property boasts excellent visibility and accessibility. Its prominent frontage provides ample exposure to both passing vehicles and pedestrians, making it an ideal location for retail, dining, or professional services. Inside, you'll find a spacious and versatile floor plan that can be easily customized to meet your specific needs. The interior boasts an abundance of natural light, thanks to large windows that allow for a bright and welcoming atmosphere. With ample square footage, you'll have plenty of room to accommodate retail displays, workstations, or create an inviting dining area. This property also offers the convenience of ample parking spaces for both customers and employees, ensuring ease of access for all. The surrounding area is known for its strong local community and a steady stream of visitors, providing a built-in customer base and potential for steady foot traffic. Located in Wantagh, this property benefits from its proximity to major transportation routes, including the Wantagh State Parkway and Sunrise Highway, allowing for easy commuting and accessibility. The area is known for its thriving business community and offers a wide range of amenities, including shopping centers, restaurants, parks, and entertainment venues.
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3037-3049 Merrick Rd
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