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93 E Montauk Hwy 2,731 SF of Retail Space Available in Hampton Bays, NY 11946
HIGHLIGHTS
- Location, Location, Location
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,731 SF | Negotiable | $43.93 /SF/YR $3.66 /SF/MO $119,973 /YR $9,998 /MO | Net |
1st Floor
Formely a Bank with Drive Thru & Full Basement. Rent $100,000 net/year. $10,000 per month. Building sits on a large parcel of land.
- Lease rate does not include certain property expenses
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 | 2,731 SF | Gross Leasable Area | 2,731 SF |
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Bank | Parking Ratio | 14.65/1,000 SF |
| Total Space Available | 2,731 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 2,731 SF |
| Year Built | 1980 |
| Parking Ratio | 14.65/1,000 SF |
ABOUT THE PROPERTY
Fantastic Center of Hampton Bays Location with 48Ft. Frontage on E. Montauk Highway. Parking for 40 spaces. Building is 2,730 sq. ft with Drive Thru and Full Basement with 8' Ceiling. Can Build Up to a Max. Building Size of 15,000 sq. ft. Approved Site Plan for the Existing Building along with a 7,000 sq. ft. New Construction. A Great Spot for Many Uses.
- Drive Thru
NEARBY MAJOR RETAILERS
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93 E Montauk Hwy
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