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40-16 National Street, Corona For Lease 40-16 National St 886 - 2,686 SF of Retail Space Available in Corona, NY 11368
HIGHLIGHTS
- 12-foot ceiling height on the first floor with brand-new storefront systems
- 1,600 AMP 3-phase electrical service with individual electric meters
- 3-inch water main with separate sub-water meters
- I-CAP tax abatement currently in process
- 3-inch gas main and individual gas meters
- Ten new gas-operated HVAC systems, ranging from 5 to 10 tons
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Store F | 900 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste Store G | 900 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste Store H | 886 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste Store F
Tenant to pay 9% portion of taxes. Space includes an additional +/- 800 SF lower level space.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- High Ceilings
- Basement
1st Floor, Ste Store G
Tenant to pay 9% portion of taxes. Space includes an additional +/- 800 SF lower level space.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- High Ceilings
- Basement
1st Floor, Ste Store H
Tenant to pay 8% portion of taxes. Space includes an additional +/- 740 SF lower level space.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- High Ceilings
- Basement
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 | 2,686 SF | Gross Leasable Area | 22,500 SF |
| Property Type | Retail | Year Built/Renovated | 1965/2025 |
| Property Subtype | Storefront |
| Total Space Available | 2,686 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 22,500 SF |
| Year Built/Renovated | 1965/2025 |
ABOUT THE PROPERTY
Located at 40-16 National Street, just off Roosevelt Avenue, this newly developed retail complex offers unmatched visibility and foot traffic. Situated steps from the #7 train and a bustling pedestrian plaza, this is an ideal location for businesses seeking high exposure. The property features ten brand-new commercial storefronts, with three units still available, ranging from 886 to 900 sq ft. Each unit includes a full lower level in addition to the ground floor, providing ample space for operations or storage. Combined Total Space Available is 2,686 Sq Ft. The property is located across the street from a Busy Pedestrian Plaza (Corona Plaza), the #7 Train and Roosevelt Ave. The property is located next to McDonald's and Many Other Major Franchises. Call Don at 718-740-4222 or 917-359-9776 For More Details. Brokers Welcome, Immediate Occupancy Available.
- Signage
- Wheelchair Accessible
- Air Conditioning
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
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40-16 National Street, Corona For Lease | 40-16 National St
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