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10314 Northern Blvd 879 SF of Retail Space Available in Corona, NY 11368
HIGHLIGHTS
- Pharmacy Build Out
- Newly constructed building.
- Heavy Foot Traffic and over 90 tenants living above
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 10312 | 879 SF | 5 Years | $70.00 /SF/YR $5.83 /SF/MO $61,530 /YR $5,128 /MO | Full Service |
1st Floor, Ste 10312
Prime ground-floor retail opportunity in new construction completed in 2024, located in the heart of Northern Corona. The space was partially built out for a pharmacy tenant who was unable to obtain the required license, creating an excellent opportunity for a new operator to take advantage of existing infrastructure and finishes. The space features an open retail layout, existing shelving and display systems, a service counter, and back-of-house area, offering a strong starting point for retail, medical, professional, or service-oriented uses. Additional basement storage space is available on a private basis for an added monthly cost.
- Rate includes utilities, building services and property expenses
- Located in-line with other retail
- Central Heating System
- Private Restrooms
- Common Parts WC Facilities
- DDA Compliant
- Smoke Detector
- Wheelchair Accessible
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 | 879 SF | Gross Leasable Area | 8,172 SF |
| Property Type | Retail | Year Built | 2020 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 879 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 8,172 SF |
| Year Built | 2020 |
ABOUT THE PROPERTY
Current Pharmacy build out, never opened. The property is a 43-unit mixed-use building with 39 residential apartments above and three ground-floor retail units, only one retail space remaining. Rear parking is available and currently undergoing renovation, further enhancing tenant convenience. Tenant to complete any additional build-out as needed. Space is non-vented; restaurant users would be responsible for installing ventilation. No HVAC currently installed.
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
Presented by
GKAP Management Company
10314 Northern Blvd
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