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Corner with Light 5000 sq. ft. 69-71 Belmont Ave
5,000 SF of Retail Space Available in Brooklyn, NY 11212
Highlights
- Heavy Heavy Traffic 5,000 Corner
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste Space 1 | 5,000 SF | Negotiable | $40.82 CAD/SF/YR $3.40 CAD/SF/MO $439.42 CAD/m²/YR $36.62 CAD/m²/MO $17,010 CAD/MO $204,116 CAD/YR | Modified Gross |
Ground, Ste Space 1
5,000 SF Available for Lease at $12,000 per month gross.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
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 FOR 69-71 Belmont Ave , Brooklyn, NY 11212
| Property Type | Retail | Gross Leasable Area | 5,000 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1989 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,000 SF |
| Year Built | 1989 |
About the Property
The Corner 50 foot frontage by 100 side on two avenues would be good for any National Chain or Bank location. This space also has a Selling basement with a C of O which ads to the FOOTPRINT to 10,000 sq. ft Location Corner with a Light High traffic all day long. many residents in a up coming area. 50 wash/dryer units inside Key Money requested
Nearby Major Retailers
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Corner with Light 5000 sq. ft. | 69-71 Belmont Ave
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