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Parkchester Retail District 1410-1491 Metropolitan Ave 600 - 55,307 SF of Retail Space Available in Bronx, NY 10462
HIGHLIGHTS
- Parkchester Retail District is a landmark mixed-use development on a 129-acre site in the Bronx with premier residential, office, and retail space.
- Ground-floor retail suites in excellent condition are immediately available in various sizes with ideal frontage and proximity to major tenants.
- Join the second-oldest Macy’s store and Marshalls as anchor tenants, as well as Blink Fitness, Foodtown, and Starbucks at this premier development.
- Situated near Jacobi Medical Center and Fordham University, with easy access to the Bronx River Parkway and the Cross Bronx Expressway.
SPACE AVAILABILITY (11)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B2 | 1,387 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross | ||
| 1st Floor, Ste C8 | 4,206 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste D5 | 8,000-14,942 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross | ||
| 1st Floor, Ste E1 | 3,943 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross | ||
| 1st Floor, Ste F1 | 3,818 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste F3 | 600 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste F4 | 3,655 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross | ||
| 1st Floor, Ste G10 | 1,137 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross | ||
| 1st Floor, Ste G11 | 700 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross | ||
| 1st Floor, Ste G12 | 974 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross | ||
| 2nd Floor, Ste D5 | 8,000-19,945 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross |
1371 Metropolitan Ave - 1st Floor - Ste B2
1,387 SF, near Walgreens and Chase Bank
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
1491 Metropolitan Ave - 1st Floor - Ste C8
Dense 1-mile trade area with $1B in consumer spending
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
1370-1380 Metropolitan Ave - 1st Floor - Ste D5
divisible, 8,000–34,887 SF, vertical access between floors
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 34,887 SF of adjacent space
1410-1420 Metropolitan Ave - 1st Floor - Ste E1
3,943 SF, street-level retail
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
1460 Metropolitan Ave - 1st Floor - Ste F1
Can be combined with F3 for a total of 4,418 SF.
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Can be combined with additional space(s) for up to 4,418 SF of adjacent space
1460 Metropolitan Ave - 1st Floor - Ste F3
Can be combined with F1 for a total of 4,418 SF.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 4,418 SF of adjacent space
1460 Metropolitan Ave - 1st Floor - Ste F4
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
1410-1498 East Ave - 1st Floor - Ste G10
Over 3.2 million annual subway riders at Parkchester Station
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
1410-1498 East Ave - 1st Floor - Ste G11
Over 3.2 million annual subway riders at Parkchester Station
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
1410-1498 East Ave - 1st Floor - Ste G12
Over 3.2 million annual subway riders at Parkchester Station
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
1370-1380 Metropolitan Ave - 2nd Floor - Ste D5
divisible, 8,000–34,887 SF, vertical access between floors
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 34,887 SF of adjacent 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.
SITE PLAN
TENANTS AT PARKCHESTER RETAIL DISTRICT
- TENANT
- DESCRIPTION
- SIZE
- MOVE DATE
- US LOCATIONS
- REACH
- Marshalls
- Dept Store
- 24,300 SF
- 11/2014
- 1,431
- International
Marshalls is an American off-price department store chain founded in 1956 in Beverly, Massachusetts. The company specializes in discounted brand-name apparel, footwear, accessories, and home décor. Marshalls was acquired by TJX Companies in 1995 and operates as part of the Marmaxx division alongside T.J. Maxx. Headquartered in Framingham, Massachusetts, Marshalls has expanded across the United States and Puerto Rico, as well as into Canada. The retailer emphasizes a “treasure hunt” shopping experience, with frequently changing inventory and designer merchandise at prices generally 20–60% below traditional retailers. Marshalls is publicly traded under its parent company TJX Companies on the New York Stock Exchange (NYSE: TJX).
- Rainbow Apparel
- Ladies' Apparel
- 21,900 SF
- -
- 1,143
- National
Rainbow is a fashion retailer with locations in the United States, Puerto Rico, US Virgin Islands and online at RainbowShops.com. They offer affordable clothing, shoes and accessories for Women, Juniors, Plus Sizes and Kids. They have everyday low prices, so there is no need to wait for a sale.
- Starbucks
- Accommodation and Food Services
- 2,015 SF
- -
- -
- -
- Macy's
- Retailer
- -
- -
- -
- -
- Hook and Reel
- Accommodation and Food Services
- -
- -
- -
- -
- Cinnabon
- Accommodation and Food Services
- -
- -
- -
- -
| TENANT | DESCRIPTION | SIZE | MOVE DATE | US LOCATIONS | REACH |
| Marshalls | Dept Store | 24,300 SF | 11/2014 | 1,431 | International |
| Rainbow Apparel | Ladies' Apparel | 21,900 SF | - | 1,143 | National |
| Starbucks | Accommodation and Food Services | 2,015 SF | - | - | - |
| Macy's | Retailer | - | - | - | - |
| Hook and Reel | Accommodation and Food Services | - | - | - | - |
| Cinnabon | Accommodation and Food Services | - | - | - | - |
PROPERTY FACTS
ABOUT THE PROPERTY
The Parkchester Retail District is a vibrant 129-acre mixed-use development in the Central Bronx, spanning multiple city blocks between Metropolitan Avenue and Hugh Grant Circle. Constructed between 1938 and 1942, the pioneering development was one of America's largest privately planned communities and continues its prominence today. This vibrant property offers 12,271 residential apartment units, 32 upper-level office spaces, and an impressive 525,000 square feet of retail, dining, entertainment, and service options across 60 street-level units. The Parkchester Retail District features major tenants, such as the second-oldest Macy’s store and Marshalls, Starbucks, Blink Fitness, Walgreens, and Foodtown. Well-maintained retail suites with various frontages and floor plans are immediately available for lease to meet all business needs and space requirements. Situated within 10 miles from the heart of Midtown Manhattan, the Parkchester Retail District is accessible via the Cross Bronx Expressway/Interstate 95, the Bronx River Parkway, and numerous subway and bus lines. The Bronx Zoo, Fordham University, the New York Botanical Garden, Jacobi Medical Center, and neighboring points of interest are only minutes away from the development. Over 1.8 million residents live within a 5-mile radius of the Parkchester Retail District, representing an average household income that exceeds $65,500 annually.
- Bus Line
- Enclosed Mall
- Car Charging Station
- Air Conditioning
MARKETING BROCHURE
DEMOGRAPHICS
Demographics
ABOUT BRONX
Retailers are attracted to the Bronx for its size and diversity. With more than 1 million residents and a bevy of cultures calling the Bronx home, retailers of all kinds can reach their specific audience without much issue.
With a booming residential seen observed in recent years, an influx of retail space has graced the Bronx. With more families calling the Bronx home, tenants in the medical, grocery, and child-care space have grown more active in the Bronx as their is clear demand to meet the needs of a growing borough.
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Golden Krust | - | - | 2 min walk |
| Thai Cuisine | Thai | $$$ | 7 min walk |
| Jerry's Pizzeria | Pizza | $ | 7 min walk |
RETAIL |
||
|---|---|---|
| Macy's | Other Retail | 2 min walk |
| Marshalls | Dept Store | 3 min walk |
| Walgreens | Drug Store | 2 min walk |
| United States Postal Service | Business/Copy/Postal Services | 3 min walk |
HOTELS |
|
|---|---|
| Sleep Inn |
76 rooms
4 min drive
|
| MainStay Suites |
27 rooms
8 min drive
|
| Best Western Plus |
88 rooms
8 min drive
|
| Wingate by Wyndham |
70 rooms
12 min drive
|
| Ramada |
67 rooms
12 min drive
|
