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Saranac Lake Plaza 213 Lake Flower Ave
3,200 - 20,200 SF of Retail Space Available in Saranac Lake, NY 12983
Highlights
- Diverse Tenant Mix
- Pad site available
- Regional vacation destination in the Adirondack Park
- National and local retailers
- Located on Lake Flower Avenue, the main retail corridor of historic Saranac Lake
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 17,000 SF | Negotiable | $12.69 CAD/SF/YR $1.06 CAD/SF/MO $136.55 CAD/m²/YR $11.38 CAD/m²/MO $17,972 CAD/MO $215,668 CAD/YR | Triple Net (NNN) | ||
| 1st Floor | 3,200 SF | 2-5 Years | $14.88 CAD/SF/YR $1.24 CAD/SF/MO $160.20 CAD/m²/YR $13.35 CAD/m²/MO $3,969 CAD/MO $47,627 CAD/YR | Triple Net (NNN) |
622 Lake Flower Ave - 1st Floor
Well positioned in the main retail corridor, Saranac Lake Shopping Center now has over 20,000 sf available for lease. Located on Lake Flower Avenue this neighborhood shopping center is in the heart Saranac Lake, NY. This opportunity will allow a savvy business to become a member of a diverse tenant mix servicing the regional community. Two units are available for lease. First available space is the central anchor location providing 17,000 SF, preexisting grocery layout, optimal visibility, and parking. Second adjacent location provides an additional 3,200 SF that can be added to the first, or utilized as a complimentary inline tenant. Co-listed with Donovan Real Estate Services LLC.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 20,200 SF of adjacent space
- Anchor Space
- Former Tops Supermarket.
622 Lake Flower Ave - 1st Floor
Well positioned in the main retail corridor, Saranac Lake Shopping Center now has over 20,000 sf available for lease. Located on Lake Flower Avenue this neighborhood shopping center is in the heart Saranac Lake, NY. This opportunity will allow a savvy business to become a member of a diverse tenant mix servicing the regional community. Two units are available for lease. First available space is the central anchor location providing 17,000 SF, preexisting grocery layout, optimal visibility, and parking. Second adjacent location provides an additional 3,200 SF that can be added to the first, or utilized as a complimentary inline tenant. Co-listed with Donovan Real Estate Services LLC.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 20,200 SF of adjacent space
- Smoke Detector
- Wheelchair Accessible
- Former Tops Supermarket
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.
SITE PLAN
SELECT TENANTS AT Saranac Lake Plaza
- Advance Auto Parts
- Champlain National Bank
- Coakley Home Hardware
- Dollar Tree
- Dunkin' Donuts
PROPERTY FACTS FOR 213 Lake Flower Ave , Saranac Lake, NY 12983
| Center Type | Neighborhood Center | Gross Leasable Area | 68,225 SF |
| Stores | 8 | Total Land Area | 6.90 AC |
| Center Properties | 1 | Year Built | 1970 |
| Frontage | 508’ on Lake Flower Ave |
| Center Type | Neighborhood Center |
| Stores | 8 |
| Center Properties | 1 |
| Frontage | 508’ on Lake Flower Ave |
| Gross Leasable Area | 68,225 SF |
| Total Land Area | 6.90 AC |
| Year Built | 1970 |
About the Property
Well positioned in the main retail corridor, Saranac Lake Shopping Center now has over 20,000 sf available for lease. Located on Lake Flower Avenue this neighborhood shopping center is in the heart Saranac Lake, NY. This opportunity will allow a savvy business to become a member of a diverse tenant mix servicing the regional community. Co-listed with Donovan Real Estate Services LLC.
Nearby Major Retailers
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Saranac Lake Plaza | 213 Lake Flower Ave
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