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Perry Homes Redevelopment 448 South Park Ave 880 - 6,710 SF of Office/Retail Space Available in Buffalo, NY 14204
HIGHLIGHTS
- New Commercial Space
- New Construction Perry Homes Redevelopment
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 3,380 SF | 3-5 Years | $20.77 CAD/SF/YR $1.73 CAD/SF/MO $70,194 CAD/YR $5,850 CAD/MO | Modified Gross | ||
| 1st Floor, Ste 2 | 880 SF | 3-5 Years | $20.77 CAD/SF/YR $1.73 CAD/SF/MO $18,275 CAD/YR $1,523 CAD/MO | Modified Gross | ||
| 1st Floor, Ste 3 | 2,450 SF | 3-5 Years | $20.77 CAD/SF/YR $1.73 CAD/SF/MO $50,880 CAD/YR $4,240 CAD/MO | Modified Gross |
1st Floor, Ste 1
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Open Floor Plan Layout
- Space is in Excellent Condition
- Central Air and Heating
- Corner Space
- Drop Ceilings
1st Floor, Ste 2
- Listed rate may not include certain utilities, building services and property expenses
- Open Floor Plan Layout
- Space is in Excellent Condition
- Central Air and Heating
- Drop Ceilings
1st Floor, Ste 3
- Listed rate may not include certain utilities, building services and property expenses
- Open Floor Plan Layout
- Space is in Excellent Condition
- Central Air and Heating
- Drop Ceilings
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 | 6,710 SF | Year Built | 2026 |
| Property Type | Retail | Construction Status | Under Construction |
| Gross Leasable Area | 15,000 SF | Cross Streets | Hayward |
| Total Space Available | 6,710 SF |
| Property Type | Retail |
| Gross Leasable Area | 15,000 SF |
| Year Built | 2026 |
| Construction Status | Under Construction |
| Cross Streets | Hayward |
ABOUT THE PROPERTY
Part of the Perry Homes Redevelopment Project, this new construction offers prime commercial space designed to serve 1,000 residential units across 27 buildings currently planned for development. To ensure maximum visibility, retail or office space is available on the first floor, fronting South Park Ave. Located in Buffalo’s 1st Ward, the project is part of the Commodore Perry Homes community, creating a vibrant mixed-use neighborhood that blends commercial, community, and residential spaces. Just three blocks from downtown Buffalo, the development will introduce 1,000 new households to the area. Now under construction, with availability starting January 2026. We have three suites left 880, 2450,3380
NEARBY MAJOR RETAILERS
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Perry Homes Redevelopment | 448 South Park Ave
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