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516-520 Delaware Ave 5,625 SF of Office/Medical Space Available in Buffalo, NY 14202
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 101 | 5,625 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $84,375 /YR $7,031 /MO | Triple Net (NNN) |
1st Floor, Ste 101
This 5,868sf stand alone building is located near Buffalo’s famous Allentown District, this building went through a major retrofit in 2010 creating the look you see today. The building is located on Delaware Ave and is close to many amenities including a variety of restaurants. Buffalo’s medical campus is located only 1/4 mile away and access to I-190 is easy. The heart of Buffalo’s downtown is blocks away. Clientele can easily navigate their way to and from this building. On-site parking for both employees and guests is adjacent to the building and plentiful. Most recently used as a medical practice, this building is best suited for such.This space is already built out with 12 exam rooms, reception area, waiting Room, Lab Space, 3 Bathrooms including patient bathrooms and physician bathrooms and extra secure storage space.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Medical Space
- 12 Private Offices
- Conference Rooms
- 12 Workstations
- Space is in Excellent Condition
- Laboratory
- Reception Area
- Central Air and Heating
- Private Restrooms
- Print/Copy Room
- Plug & Play
- Secure Storage
- Natural Light
- 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 | 5,625 SF | Gross Leasable Area | 5,868 SF |
| Property Type | Retail | Year Built/Renovated | 1985/2010 |
| Property Subtype | Freestanding | Parking Ratio | 4.09/1,000 SF |
| Total Space Available | 5,625 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 5,868 SF |
| Year Built/Renovated | 1985/2010 |
| Parking Ratio | 4.09/1,000 SF |
NEARBY MAJOR RETAILERS
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516-520 Delaware Ave
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