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5716 Myrtle Ave 972 - 2,172 SF of Retail Space Available in Ridgewood, NY 11385
HIGHLIGHTS
- Heavy Foot Traffic, Unique Opportunity to Lease First and Second Floors, Prime Ridgewood Location
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 1,200 SF | Negotiable | $70.00 /SF/YR $5.83 /SF/MO $84,000 /YR $7,000 /MO | Modified Gross | ||
| 2nd Floor, Ste 2 | 972 SF | Negotiable | $37.04 /SF/YR $3.09 /SF/MO $36,003 /YR $3,000 /MO | TBD |
1st Floor, Ste 1
1st Floor Retail – Approx 1,200 SF: -Unique opportunity to also secure both 1st and 2nd floors -Prime ground-floor retail space with excellent frontage and a large display window offering high visibility and strong sidewalk exposure -Located in a busy commercial corridor with consistent foot traffic -Walking distance to both the M and L trains for easy customer and employee access -Basement available for additional storage needs -Ideal for retailers or brands seeking presence in a rapidly growing Ridgewood commercial hub -Surrounded by national brands such as Wendy's, Taco Bell, Pizza
- Listed rate may not include certain utilities, building services and property expenses
- RETAIL AND OFFICE, 1ST AND 2ND FLOORS BOTH AVAIL
2nd Floor, Ste 2
2nd Floor Office – 972 SF: -Unique opportunity to also secure both 1st and 2nd floors -Bright and versatile second-floor office space, perfect for creative, professional, or medical uses -Opportunity to pair with the 1st floor for a full building presence -High-visibility location within a thriving commercial corridor -Conveniently accessible to the M and L trains -A strong fit for tenants seeking an elevated workspace in Ridgewood’s growing business district -Surrounded by national brands such as Wendy's, Taco Bell, Pizza
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 5716 MYRTLE AVE, RIDGEWOOD, NY 11385
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Myrtle Sporting Goods Inc
- Retailer
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Myrtle Sporting Goods Inc | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,172 SF | Gross Leasable Area | 3,154 SF |
| Property Type | Retail | Year Built | 1931 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 2,172 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 3,154 SF |
| Year Built | 1931 |
ABOUT THE PROPERTY
-Well maintained first floor retail space and newly renovated second floor office space, available to lease together or separately -Prime ground-floor retail space with excellent frontage and a large display window offering high visibility and strong sidewalk exposure -Located in a busy commercial corridor with consistent foot traffic -Walking distance to both the M and L trains for easy customer and employee access -Basement available for additional storage needs -Ideal for retailers or brands seeking presence in a rapidly growing Ridgewood commercial hub -Surrounded by national brands such as Wendy's, Taco Bell, Pizza
NEARBY MAJOR RETAILERS
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5716 Myrtle Ave
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