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Free Standing Bldg. with Existing Drive Thru 99 Covert Ave
2,200 SF of Retail Space Available in Floral Park, NY 11001
Highlights
- Free standing, Corner Property with Drive Thru & Dedicated Parking Lot
- High Ceiling and Large Picture Windows for Natural Light
- Traffic: 19,000 Cars / Day, Median HH Income: $120,000
- Fully accessible built out basement with Men's and Women's rest rooms, (employee) Kitchen/ Break room
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 2,200 SF | 5-10 Years | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
- Space In Need of Renovation
- Central Air Conditioning
- High Ceilings
- Exposed Ceiling
- Basement
- Drive Thru
- High Traffic Area
- Easy Access to Public Transportation
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.
SELECT TENANTS AT Free Standing Bldg. with Existing Drive Thru
- Chase Bank
- Fox & Co
- Key Food
- Raindew
PROPERTY FACTS FOR 99 Covert Ave , Floral Park, NY 11001
| Property Type | Retail | Year Built | 1961 |
| Property Subtype | Bank | Parking Ratio | 6.82/1,000 SF |
| Gross Internal Area | 2,200 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Internal Area | 2,200 SF |
| Year Built | 1961 |
| Parking Ratio | 6.82/1,000 SF |
About the Property
This 2,200 sq. ft. freestanding retail building is located on the highly trafficked NW corner of Covert & Clayton Avenue, Floral Park (Village) traffic volume 19,000/day. Former bank building with full basement and Men's and Women's restrooms, lunch room, completely gutted (main floor) - ready for build-out. Retail mixed use, B1 zoning (food/coffee requires a permit). Dedicated parking lot with 15 surface parking spaces, 3 curb cuts and ample street parking. Close proximity to LIRR-Stewart Manor Station and LIRR-New Hyde Park Station. $60psf - Call For Details!
- Corner Lot
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Nearby Major Retailers
-
Marty Miller -
DGNY Commercial, LLC
Presented by
Free Standing Bldg. with Existing Drive Thru | 99 Covert Ave
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