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Auto Repair Facility -Lease / Sale 980 Washington St 3,000 SF of Retail Space Available in Franklin Square, NY 11010

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Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 3,000 SF
  • 16’
  • Negotiable
  • $64.26 CAD/SF/YR $5.35 CAD/SF/MO $192,779 CAD/YR $16,065 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Turnkey automotive facility available For Lease, with Lease to Own options, and sale considered. The building size is 2,550 square feet on a 10,160 square foot lot with 30+ car parking and strong corner visibility. Lease rate is 9,999 dollars per month NNN, which equals 47 dollars per square foot per year. This corner property has operated as auto repair since 1955 and the current operator has been in place for more than 17 years. The facility is equipped to handle ALL types of Repairs on ALL years, makes, & models! This shop is fully renovated, bright, and purpose built for high throughput. AI assisted scheduling on touch screen, estimates, and follow ups support a high average repair order and strong margins. Staff and systems can remain in place. Premium brand assets are available, including EverythingAuto.com valued over 15,000 dollars and EverythingAutoNY.com. Included assets if a sale is chosen are equipment and improvements valued at over 800,000 dollars. Approximately 2,550 square feet plus about 450 square feet of 2nd floor mezzanine office. Six lifts with flexible configurations. Extra open area too. Lot size about 10,160 square feet with 30 plus parking spaces. Upgraded power and lighting with solar in place. Updated NY state inspection equipment . Multiple EV chargers present on site with current listings to be verified by the tenant or buyer. Lease only of the entire shop at 9,999 dollars per month NNN with business purchase. Lease to Own Option A with 400,000 dollars down plus 9,999 dollars per month NNN and a balloon purchase at 2.30 million dollars within two years. Lease to Own Option B with 200,000 dollars down plus 12,000 dollars per month NNN and a balloon purchase at 2.50 million dollars within two years. Potential use cases subject to zoning and permits. Full service auto repair and New York State inspections. Diagnostics, programming, and ADAS calibration bay. Tires and alignments with retail display. Detailing, paintless dent repair, wraps, tint, paint protection film, and ceramic coating. Used car retail with reconditioning and photo bay. Fleet maintenance for delivery, trades, and service companies. Dealer overflow storage and prep. Charging services and mid destination amenities. Lot could possibly be rezoned & I'm sure the town would be delighted to do, retail, any other commercial, or even residential. Market snapshot. Franklin Square is an affluent trade area with a median household income over 140,000 dollars. The site is minutes to Hempstead Turnpike NY 24 / New Hyde Park Rd. (Popular route to Garden city) and sits within a strong neighborhood services hub with high traffic and longstanding automotive demand.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Wi-Fi Connectivity
  • Security System
  • Closed Circuit Television Monitoring (CCTV)
  • Corner Space
  • Finished Ceilings: 16’
  • Energy Performance Rating - A
  • Yard
  • 3 Driven Doors
  • High Traffic Area
  • On the Bus Line
Space Size Ceiling Term Rental Rate Rent Type
1st Floor 3,000 SF 16’ Negotiable $64.26 CAD/SF/YR $5.35 CAD/SF/MO $192,779 CAD/YR $16,065 CAD/MO Triple Net (NNN)

1st Floor

Size
3,000 SF
Ceiling
16’
Term
Negotiable
Rental Rate
$64.26 CAD/SF/YR $5.35 CAD/SF/MO $192,779 CAD/YR $16,065 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Turnkey automotive facility available For Lease, with Lease to Own options, and sale considered. The building size is 2,550 square feet on a 10,160 square foot lot with 30+ car parking and strong corner visibility. Lease rate is 9,999 dollars per month NNN, which equals 47 dollars per square foot per year. This corner property has operated as auto repair since 1955 and the current operator has been in place for more than 17 years. The facility is equipped to handle ALL types of Repairs on ALL years, makes, & models! This shop is fully renovated, bright, and purpose built for high throughput. AI assisted scheduling on touch screen, estimates, and follow ups support a high average repair order and strong margins. Staff and systems can remain in place. Premium brand assets are available, including EverythingAuto.com valued over 15,000 dollars and EverythingAutoNY.com. Included assets if a sale is chosen are equipment and improvements valued at over 800,000 dollars. Approximately 2,550 square feet plus about 450 square feet of 2nd floor mezzanine office. Six lifts with flexible configurations. Extra open area too. Lot size about 10,160 square feet with 30 plus parking spaces. Upgraded power and lighting with solar in place. Updated NY state inspection equipment . Multiple EV chargers present on site with current listings to be verified by the tenant or buyer. Lease only of the entire shop at 9,999 dollars per month NNN with business purchase. Lease to Own Option A with 400,000 dollars down plus 9,999 dollars per month NNN and a balloon purchase at 2.30 million dollars within two years. Lease to Own Option B with 200,000 dollars down plus 12,000 dollars per month NNN and a balloon purchase at 2.50 million dollars within two years. Potential use cases subject to zoning and permits. Full service auto repair and New York State inspections. Diagnostics, programming, and ADAS calibration bay. Tires and alignments with retail display. Detailing, paintless dent repair, wraps, tint, paint protection film, and ceramic coating. Used car retail with reconditioning and photo bay. Fleet maintenance for delivery, trades, and service companies. Dealer overflow storage and prep. Charging services and mid destination amenities. Lot could possibly be rezoned & I'm sure the town would be delighted to do, retail, any other commercial, or even residential. Market snapshot. Franklin Square is an affluent trade area with a median household income over 140,000 dollars. The site is minutes to Hempstead Turnpike NY 24 / New Hyde Park Rd. (Popular route to Garden city) and sits within a strong neighborhood services hub with high traffic and longstanding automotive demand.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Wi-Fi Connectivity
  • Security System
  • Closed Circuit Television Monitoring (CCTV)
  • Corner Space
  • Finished Ceilings: 16’
  • Energy Performance Rating - A
  • Yard
  • 3 Driven Doors
  • High Traffic Area
  • On the Bus Line

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 3,000 SF
Property Type Retail
Property Subtype Auto Repair
Gross Leasable Area 3,000 SF
Year Built/Renovated 1970/2022
Parking Ratio 10/1,000 SF

About the Property

Turnkey automotive facility available For Lease, with Lease to Own options, and sale considered. The building size is 2,550 square feet on a 10,160 square foot lot with 30+ car parking and strong corner visibility. Lease rate is 9,999 dollars per month NNN, which equals 47 dollars per square foot per year. This corner property has operated as auto repair since 1955 and the current operator has been in place for more than 17 years. The facility is equipped to handle ALL types of Repairs on ALL years, makes, & models! This shop is fully renovated, bright, and purpose built for high throughput. AI assisted scheduling on touch screen, estimates, and follow ups support a high average repair order and strong margins. Staff and systems can remain in place. Premium brand assets are available, including EverythingAuto.com valued over 15,000 dollars and EverythingAutoNY.com. Included assets if a sale is chosen are equipment and improvements valued at over 800,000 dollars. Approximately 2,550 square feet plus about 450 square feet of 2nd floor mezzanine office. Six lifts with flexible configurations. Extra open area too. Lot size about 10,160 square feet with 30 plus parking spaces. Upgraded power and lighting with solar in place. Updated NY state inspection equipment . Multiple EV chargers present on site with current listings to be verified by the tenant or buyer. Lease only of the entire shop at 9,999 dollars per month NNN with business purchase. Lease to Own Option A with 400,000 dollars down plus 9,999 dollars per month NNN and a balloon purchase at 2.30 million dollars within two years. Lease to Own Option B with 200,000 dollars down plus 12,000 dollars per month NNN and a balloon purchase at 2.50 million dollars within two years. Potential use cases subject to zoning and permits. Full service auto repair and New York State inspections. Diagnostics, programming, and ADAS calibration bay. Tires and alignments with retail display. Detailing, paintless dent repair, wraps, tint, paint protection film, and ceramic coating. Used car retail with reconditioning and photo bay. Fleet maintenance for delivery, trades, and service companies. Dealer overflow storage and prep. Charging services and mid destination amenities. Lot could possibly be rezoned & Im sure the town would be delighted to do, retail, any other commercial, or even residential. Market snapshot. Franklin Square is an affluent trade area with a median household income over 140,000 dollars. The site is minutes to Hempstead Turnpike NY 24 / New Hyde Park Rd. (Popular route to Garden city) and sits within a strong neighborhood services hub with high traffic and longstanding automotive demand.

  • Air Conditioning

Attachments

980 WASHINGTON STREET--Data
Walk Score®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Chase Bank
Webster Bank
Ridgewood Savings Bank
Citi
Cko Kickboxing
Tim Hortons
Key Food
Capital One
TD Bank
Philly Pretzel Factory
  • Listing ID: 30156747

  • Date on Market: 2023-11-23

  • Last Updated:

  • Address: 980 Washington St, Franklin Square, NY 11010

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