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Marriot Marquis Retail & Theatre 1535 Broadway 654 SF of Retail Space Available in New York, NY 10036
Highlights
- Neighbors include Sephora, Levi's, Disney, T-Mobile, Miniso, Gap, American Eagle, & M&M'S World
- Huge signage opportunity
- 27 feet of frontage on Broadway
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| Ground | 654 SF | 9’5” | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
Ground
The Marriott Marquis is located in the heart of the Times Square bowtie and spans the entire block-front from 45th Street to 46th Street on Broadway, giving Vornado a book-ended presence in one of the world's most popular tourist destinations. In the summer of 2012, Vornado entered into an agreement with Host Hotels & Resorts, Inc. to redevelop and substantially expand the existing retail space of Times Square's popular Marriott Marquis hotel. Vornado constructed the world's largest 4K LED screen at six stories high and 330 feet wide, above the retail and has leased the property to such global brands including Levi's, Sephora, Swatch and T-Mobile.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Finished Ceilings: 9’5”
- Neighbors: Sephora, Levi's, Disney
- Over 25 of frontage in the Bow Tie
- Highest foot traffic in the world
- Huge signage opportunity
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 | 654 SF | Gross Leasable Area | 106,481 SF |
| Property Type | Retail | Year Built/Renovated | 1985/2014 |
| Property Subtype | Storefront |
| Total Space Available | 654 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 106,481 SF |
| Year Built/Renovated | 1985/2014 |
About the Property
The Marriott Marquis is located in the heart of the Times Square bowtie and spans the entire block-front from 45th Street to 46th Street on Broadway, giving Vornado a book-ended presence in one of the world's most popular tourist destinations. In the summer of 2012, Vornado entered into an agreement with Host Hotels & Resorts, Inc. to redevelop and substantially expand the existing retail space of Times Square's popular Marriott Marquis hotel. Vornado constructed the world's largest 4K LED screen at six stories high and 330 feet wide, above the retail and has leased the property to such global brands including Levi's, Sephora, Swatch and T-Mobile.
- Bus Line
- Corner Lot
- Mezzanine
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
Marriot Marquis Retail & Theatre | 1535 Broadway
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