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1040 Payne Ave 4,305 SF of Office Space Available in North Tonawanda, NY 14120
Highlights
- Street-facing windows with natural light
- C-1 commercial zoning
- Located on designated city boulevard/main traffic artery
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 4,305 SF | Negotiable | $7.00 /SF/YR $0.58 /SF/MO $30,135 /YR $2,511 /MO | TBD |
2nd Floor
Entire second floor available as a single lease. Layout includes a mix of private offices, a large open area, a kitchen for tenant use, and separate men's and women's restrooms. Dedicated second-floor stairway access with street-facing windows providing natural light throughout. Space was most recently configured for office/service tenants and is well suited for professional office use or a service-oriented business.
- 6 Conference Rooms
- Entire 2nd floor available
- Mix of private offices and open area
- Built-in cabinetry and shelving
- Private Kitchen for tenant use
- Men's and women's restrooms
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.
Select Tenants at 1040 Payne Ave, North Tonawanda, NY 14120
- Tenant
- Description
- US Locations
- Reach
- Gentlemens Club Barbers
- Salon/Barber/Spa
- 1
- -
- Sink Or Swim Tattoos
- Services
- 1
- -
- State Farm
- Insurance
- 24,515
- International
| Tenant | Description | US Locations | Reach |
| Gentlemens Club Barbers | Salon/Barber/Spa | 1 | - |
| Sink Or Swim Tattoos | Services | 1 | - |
| State Farm | Insurance | 24,515 | International |
Property Facts
| Total Space Available | 4,305 SF | Gross Leasable Area | 4,305 SF |
| Property Type | Retail | Year Built | 1973 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 4,305 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 4,305 SF |
| Year Built | 1973 |
About the Property
1040 Payne Avenue is a well-located, mixed-use commercial building situated on Payne Avenue in North Tonawanda, NY — a designated city boulevard and one of the city's main traffic arteries. Built in 1973, the ±8,582 SF building features ground-floor retail and service tenants, with the entire second floor now available for lease as a single unit. The available second-floor space totals approximately 4,304 SF and offers a flexible layout well suited for professional office use or a service-oriented business. The space includes a mix of private offices and a large open area, a kitchen for tenant use, and separate men's and women's restrooms. A dedicated second-floor stairway provides direct access, and street-facing windows bring natural light throughout the space. The property benefits from its position along a heavily-traveled corridor connecting to Oliver Street and Ward Road, with the City of North Tonawanda recently securing a $1.6 million federal grant to modernize traffic signals and intersections along this stretch of Payne Avenue. The site is within walking distance of Mid-City Plaza and a dense mix of restaurants, retail, and everyday conveniences, placing tenants at the center of an established and active commercial corridor. Zoned C-1 (Commercial), the property is offered for lease at $7.00/SF/YR ($2,510.95/month) for the entire second floor.
Nearby Major Retailers
