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40 Church St 1,782 SF of Retail Space Available in White Plains, NY 10601
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,782 SF | 1-10 Years | $94.00 CAD/SF/YR $7.83 CAD/SF/MO $167,510 CAD/YR $13,959 CAD/MO | Modified Gross |
1st Floor
40 Church Street consists of a free standing bank branch located in the downtown section of the City of White Plains in which has major residential and commercial development within blocks of subject property
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Central Air Conditioning
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 | 1,782 SF | Gross Leasable Area | 1,782 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Bank | Parking Ratio | 2.4/1,000 SF |
| Total Space Available | 1,782 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 1,782 SF |
| Year Built | 1950 |
| Parking Ratio | 2.4/1,000 SF |
ABOUT THE PROPERTY
40 Church Street consists of a free standing bank branch located in the downtown section of the City of White Plains in which has major residential and commercial development within blocks of subject property. Additionally, property is adjacent to a Hamilton municipal parking garage containing over 1000 parking spaces. The 1 ½ story building consists of approximately 1,782 sf plus a basement measuring approximately 528 sf. for storage and utilities The first floor contains an entrance foyer with an area designated for an ATM/night depository, three teller stations, an area for a vault, several open office cubicles and one lavatory. The second floor contains an employee break room/kitchenette, a conference room and a private office. There is on-site parking in the rear of the building for 4 cars. The neighborhood is mostly commercial in character and is dominated by multistory office building and office/retail buildings. To the east of the building, its dominated by midrise apartment building. To the south along Mamaroneck Avenue, the area is populated with retail, City Center and muti story apartment/retail buildings. To the west, the neighborhood is improved with numerous office building as well as ground-level retail uses. The building is located with excellent accessibility to highway networks, employment centers and public transportation. In fact, its located .42 mile of White Plains Transportation Center (railroad station and bus depot)
- Banking
- Bus Line
- Commuter Rail
- Restaurant
NEARBY MAJOR RETAILERS
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40 Church St
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