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Highlights
- Located in dominate trade are in Buffalo MSA
- NNN Lease
- Large parking lot
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 8,106 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
3701 Mckinley Plz - 1st Floor
Former 8,106 SF Red Lobster available for NNN lease. The restaurant space is located on the McKinley Mall ring road, right next to the signalized entrance on Milestrip Rd. The ring road also has a signalized entrance of McKinley Parkway.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Space is in Excellent Condition
- Located in dominate trade area in Buffalo MSA
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 | 8,106 SF | Gross Leasable Area | 1,038,464 SF |
| Center Type | Super Regional Mall | Total Land Area | 130.69 AC |
| Parking | 4214 Spaces | Year Built | 1985 |
| Stores | 106 | Cross Streets | NEC Milestrip Rd & McKinley Pkwy |
| Center Properties | 14 |
| Total Space Available | 8,106 SF |
| Center Type | Super Regional Mall |
| Parking | 4214 Spaces |
| Stores | 106 |
| Center Properties | 14 |
| Gross Leasable Area | 1,038,464 SF |
| Total Land Area | 130.69 AC |
| Year Built | 1985 |
| Cross Streets | NEC Milestrip Rd & McKinley Pkwy |
About the Property
Former Red Lobster located on the McKinley Mall ring road. Located next to the mall entrance/exit on Milestrip Rd. Centrally located in Hamburg, one of the fastest-growing cities/villages in Upstate NY. The available property is less than a mile from I-90 allowing for easy access to a major highway in the Buffalo MSA. A dominant trade in the Buffalo MSA, retailers of note area include Wegmans, Hobby Lobby, TJ Maxx, Home Depot, JoAnn, Five Below, BJ's, Party City, ALDI, Party City, Pet Supplies Plus, and Office Max. Restaurants and QSRs of note include Starbucks, McDonald's, Wendy's, Panera, Chick-fil-A, Tim Hortons, Olive Garden, Applebee's, Chipotle, Five Guys, and Firehouse Subs.
- Food Court
- Enclosed Mall
Nearby Major Retailers
Presented by
McKinley Mall | 3701 Mckinley Pky
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