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Arterial Plaza Second Ave 7,500 - 15,000 SF of Retail Space Available in Gloversville, NY 12078

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Highlights

  • Primary thoroughfare in County of Rt 30A
  • adjacent the Dense Rooftops in downtown Gloversville
  • Gateway to the "Northcountry" of NY and the Adk park

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 7,500-15,000 SF
  • 8’ - 18’
  • 3-5 Years
  • $7.00 /SF/YR $0.58 /SF/MO $105,000 /YR $8,750 /MO
  • Triple Net (NNN)
23-89 Arterial Plz - 1st Floor
Space Use
Retail
Condition
Full Build-Out
Availability
Now

A former grocery store, this space has a perfect retailing layout and can accommodate a variety of uses. With a hundred linear feet of frontage, the exposure provided from the road is tremendous in addition to the pylon signage and large storefront signage. Existing sliding commercial glass entrance and storefront glass, right hand entry. Multiple restrooms in place, dedicated loading area and door in rear. Base Rent is $7.00/SF

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • 1 Loading Dock
  • Central Air and Heating
  • Private Restrooms
  • Freezer Space
  • Secure Storage
  • Emergency Lighting
  • Finished Ceilings: 8’ - 18’
  • Display Window
  • Junior Anchor position in a fully leased center
  • Long Term National Anchors
  • Sliding Glass Entrance
  • Pylon signage and large storefront signage.
  • Dedicated loading area and door in rear.
Space Size Ceiling Term Rental Rate Rent Type
1st Floor 7,500-15,000 SF 8’ - 18’ 3-5 Years $7.00 /SF/YR $0.58 /SF/MO $105,000 /YR $8,750 /MO Triple Net (NNN)

23-89 Arterial Plz - 1st Floor

Size
7,500-15,000 SF
Ceiling
8’ - 18’
Term
3-5 Years
Rental Rate
$7.00 /SF/YR $0.58 /SF/MO $105,000 /YR $8,750 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

A former grocery store, this space has a perfect retailing layout and can accommodate a variety of uses. With a hundred linear feet of frontage, the exposure provided from the road is tremendous in addition to the pylon signage and large storefront signage. Existing sliding commercial glass entrance and storefront glass, right hand entry. Multiple restrooms in place, dedicated loading area and door in rear. Base Rent is $7.00/SF

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • 1 Loading Dock
  • Central Air and Heating
  • Private Restrooms
  • Freezer Space
  • Secure Storage
  • Emergency Lighting
  • Finished Ceilings: 8’ - 18’
  • Display Window
  • Junior Anchor position in a fully leased center
  • Long Term National Anchors
  • Sliding Glass Entrance
  • Pylon signage and large storefront signage.
  • Dedicated loading area and door in rear.

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 Arterial Plaza

  • Tenant
  • Description
  • US Locations
  • Reach
  • Advance Auto Parts
  • Automotive
  • 4,658
  • International
  • Barton's Home Outlet
  • Home Improvement
  • 153
  • National
  • Cardiology Associates Of Schenectady
  • MD/DDS
  • 6
  • Local
  • Dollar General
  • Dollar/Variety/Thrift
  • 22,317
  • International
  • Label Shopper
  • Unisex Apparel
  • 112
  • National
  • Subway
  • Sub Sandwich
  • 28,895
  • International
Tenant Description US Locations Reach
Advance Auto Parts Automotive 4,658 International
Barton's Home Outlet Home Improvement 153 National
Cardiology Associates Of Schenectady MD/DDS 6 Local
Dollar General Dollar/Variety/Thrift 22,317 International
Label Shopper Unisex Apparel 112 National
Subway Sub Sandwich 28,895 International

Property Facts

Total Space Available 15,000 SF
Min. Divisible 7,500 SF
Center Type Neighborhood Center
Parking 340 Spaces
Stores 11
Center Properties 2
Frontage
417’ on 2nd Ave
  • 657’ on 5th Ave
  • 816’ on Rt-30a Hwy
Gross Leasable Area 134,493 SF
Total Land Area 13.98 AC
Year Built 1962
Cross Streets Second Ave. @ Arterial Hwy.

About the Property

Arterial Plaza, Gloversville, NY 12078, between Fifth Ave and Second Ave's traffic signals on NYS Rt 30A, home to Tractor Supply Co, Barton Home Outlet, Advance Auto Parts, Burger King, SubWay, Label Shopper, Mt Fuji Chinese Restaurant, Barbershop, Tobacco Shop, Chiropractor, Physical Therapist, Gym and Cafe (Fit Happens) and more, next to NBT Bank with near chain leading deposits and Pizza Hut, opposite the Hannaford and the Runnings, McDonald's, House of Pizza, and Dunkin Donuts

  • Pylon Sign

Nearby Major Retailers

NBT Bank
KeyBank
Hannaford
Price Chopper
The YMCA
  • Listing ID: 24755224

  • Date on Market: 1/3/2022

  • Last Updated:

  • Address: Second Ave, Gloversville, NY 12078

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