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Park Ave Plaza 314-328 Park Ave 2,400 - 42,400 SF of Space Available in Corning, NY 14830
HIGHLIGHTS
- Huge frontage, close to all majopr highways, and commerce areas. Huge parking space and great exposure to more than 20,000 cars a day.
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| Ground | 40,000 SF | 16’2” - 22’2” | Negotiable | $6.07 CAD/SF/YR $0.51 CAD/SF/MO $242,890 CAD/YR $20,241 CAD/MO | Triple Net (NNN) |
314-328 Park Ave - Ground
Formerly Salvation Army and before that for 20 years as Food Mart. Huge frontage to the busy Park Ave. and close to all highways and close to Corning's Market street. Has a lot of potentials and plenty of parking space
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Finished Ceilings: 16’2” - 22’2”
- Basement
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| Ground | 40,000 SF | 16’2” - 22’2” | Negotiable | $6.07 CAD/SF/YR $0.51 CAD/SF/MO $242,890 CAD/YR $20,241 CAD/MO | Triple Net (NNN) | |
| 1st Floor | 2,400 SF | - | 3-5 Years | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $40,202 CAD/YR $3,350 CAD/MO | Triple Net (NNN) |
314-328 Park Ave - Ground
Formerly Salvation Army and before that for 20 years as Food Mart. Huge frontage to the busy Park Ave. and close to all highways and close to Corning's Market street. Has a lot of potentials and plenty of parking space
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Finished Ceilings: 16’2” - 22’2”
- Basement
316 Park Ave - 1st Floor
Four Bay garage, very clean, newly added bathrooms and office space and small reception area. Refurbished overhead doors, ready to move in and make fully operational. This location has been an auto repair for nearly 60 years.
- Lease rate does not include utilities, property expenses or building services
- Includes 150 SF of dedicated office space
- Space is in Excellent Condition
- Central Air Conditioning
- Excellent location, plenty parking, visibility
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 PARK AVE PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Family Dollar
- Dollar/Variety/Thrift
- 9,663
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Family Dollar | Dollar/Variety/Thrift | 9,663 | National |
PROPERTY FACTS
| Total Space Available | 42,400 SF | Frontage | 700’ on Park Ave |
| Center Type | Neighborhood Center | Gross Leasable Area | 65,424 SF |
| Parking | 876 Spaces | Total Land Area | 45.20 AC |
| Stores | 8 | Year Built | 1974 |
| Center Properties | 6 |
| Total Space Available | 42,400 SF |
| Center Type | Neighborhood Center |
| Parking | 876 Spaces |
| Stores | 8 |
| Center Properties | 6 |
| Frontage | 700’ on Park Ave |
| Gross Leasable Area | 65,424 SF |
| Total Land Area | 45.20 AC |
| Year Built | 1974 |
ABOUT THE PROPERTY
Close to all major highways and business centers. Located on Park Avenue in South corning with more than 20,000 cars a day. - Huge 700 feet frontage -More than 200 parking spaces -Lot of potentials
- Signage
NEARBY MAJOR RETAILERS
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Park Ave Plaza | 314-328 Park Ave
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