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Burnside Retail Strip 68-98 E Burnside Ave
2,500 SF of Retail Space Available in Bronx, NY 10453
Highlights
- Heavy Daytime Foot Traffic
- Multi-Cultural Restaurants
- Property is professionally maintained and managed
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 3 | 2,500 SF | Negotiable | £78.90 /SF/PA £6.57 /SF/MO £849.27 /m²/PA £70.77 /m²/MO £197,250 /PA £16,437 /MO | Modified Gross |
68-98 E Burnside Ave - 1st Floor - Ste 3
A ground-floor retail space with excellent window visibility located on Burnside Avenue. Space has over 2,500 sqft + full basement available with A/C, central heating, and private restrooms. The current tenant operates a market in this space. Located adjacent to a 99-cent store and Wing Stop.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Central Air and Heating
- Private Restrooms
- After Hours HVAC Available
- Located on Burnside Avenue
- Great signage
- Located in-line with other retail
- Full Basement
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 agent 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 Burnside Retail Strip
- Tenant
- Description
- US Locations
- Reach
- Bonao Meats & Produce
- Butcher/Fish Market
- 1
- Local
- Burnside Furniture
- Furniture/Mattress
- 1
- Local
- El Caridad
- Restaurant
- 1
- Local
- Jimmy Jazz
- Unisex Apparel
- 2
- National
- Wingstop
- Fast-food
- 2,647
- International
| Tenant | Description | US Locations | Reach |
| Bonao Meats & Produce | Butcher/Fish Market | 1 | Local |
| Burnside Furniture | Furniture/Mattress | 1 | Local |
| El Caridad | Restaurant | 1 | Local |
| Jimmy Jazz | Unisex Apparel | 2 | National |
| Wingstop | Fast-food | 2,647 | International |
PROPERTY FACTS FOR 68-98 E Burnside Ave , Bronx, NY 10453
| Centre Type | Strip Center | Frontage | 225 ft on Burnside Avenue |
| Parking | 9 Spaces | Gross Leasable Area | 15,904 SF |
| Stores | 1 | Total Land Area | 0.67 AC |
| Centre Properties | 1 | Year Built | 1924 |
| Centre Type | Strip Center |
| Parking | 9 Spaces |
| Stores | 1 |
| Centre Properties | 1 |
| Frontage | 225 ft on Burnside Avenue |
| Gross Leasable Area | 15,904 SF |
| Total Land Area | 0.67 AC |
| Year Built | 1924 |
About the Property
Burnside Retail Strip is a neighborhood retail center with a GLA of 16,904 sqft. Located off of Burnside and Walton Avenue in the Bronx, the property includes 7 stores and has an adjacent parking lot behind the building. The retail center includes a wide range of major tenants including Wing Stop, Jimmy Jazz, and a local grocery. The property is professionally maintained and managed by a team with over 85 years of experience.
Nearby Major Retailers
-
Thomas LiPuma -
Milbrook Properties Ltd.
Presented by
Burnside Retail Strip | 68-98 E Burnside Ave
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