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873 N Broadway 1,717 - 3,435 SF of Retail Space Available in White Plains, NY 10603
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Lower Level | 1,717 SF | Negotiable | $35.00 /SF/YR $2.92 /SF/MO $376.74 /m²/YR $31.39 /m²/MO $5,008 /MO $60,095 /YR | Triple Net (NNN) | ||
| 1st Floor | 1,718 SF | Negotiable | $35.00 /SF/YR $2.92 /SF/MO $376.74 /m²/YR $31.39 /m²/MO $5,011 /MO $60,130 /YR | Triple Net (NNN) |
Lower Level
Houlihan Lawrence Commercial is pleased to exclusively represent the sale and lease of the former Miles The Prince building at 873 N Broadway, White Plains, NY. This rare offering includes the real estate, all fixtures, and equipment, providing a true turn-key opportunity for a restaurant and craft brewing facility. Close to Downtown White Plains and great proximity to all major highways. Renovated in 2021 with nearly $1 million in capital improvements, the property features a full sit down restaurant with seating for 61 patrons, and a brewing capacity of 10 barrels with total annual production of over 800 kegs. This is an ideal opportunity for restaurateurs or craft brewers seeking a fully equipped, modern facility. With no additional setup required, this property is ready to support a seamless transition or launch of a successful business venture. $35/ SF, NNN $75,000 Key Money Plus Security Deposit Lease is for entire 3,435 SF building only includes: parking lot plus all brewing and restaurant equipment, as existing
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 3,435 SF of adjacent space
1st Floor
Houlihan Lawrence Commercial is pleased to exclusively represent the sale and lease of the former Miles The Prince building at 873 N Broadway, White Plains, NY. This rare offering includes the real estate, all fixtures, and equipment, providing a true turn-key opportunity for a restaurant and craft brewing facility. Close to Downtown White Plains and great proximity to all major highways. Renovated in 2021 with nearly $1 million in capital improvements, the property features a full sit down restaurant with seating for 61 patrons, and a brewing capacity of 10 barrels with total annual production of over 800 kegs. This is an ideal opportunity for restaurateurs or craft brewers seeking a fully equipped, modern facility. With no additional setup required, this property is ready to support a seamless transition or launch of a successful business venture. $35/ SF, NNN $75,000 Key Money Plus Security Deposit Lease is for entire 3,435 SF building only includes: parking lot plus all brewing and restaurant equipment, as existing
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 3,435 SF of adjacent space
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 | 3,435 SF | Gross Leasable Area | 5,443 SF |
| Property Type | Retail | Year Built | 1928 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 7.8/1,000 SF |
| Total Space Available | 3,435 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,443 SF |
| Year Built | 1928 |
| Parking Ratio | 7.8/1,000 SF |
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| N Broadway | Washington Pl N, S | 22,329 | 2017 | 0.05 mi |
| N Broadway | Washington Pl E, S | 21,521 | 2022 | 0.05 mi |
| N Broadway | Freedom Rd, S | 19,960 | 2022 | 0.26 mi |
| N Broadway | Clove Rd, N | 14,444 | 2022 | 0.28 mi |
| Virginia Rd | Lafayette Ave, NW | 6,759 | 2022 | 0.29 mi |
| Lafayette Ave | Virginia Rd, SE | 7,025 | 2019 | 0.30 mi |
| Virginia Rd | Bronx River Pkwy, NW | 6,605 | 2022 | 0.36 mi |
| Washington Ave N | Bronx River Pkwy, NW | 1,777 | 2022 | 0.38 mi |
| Bronx River Pkwy | Virginia Rd, N | 16,581 | 2022 | 0.39 mi |
| Bronx River Pkwy | Washington Ave N, NE | 339 | 2022 | 0.39 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
Building Photo
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Building Photo
Restaurant
Restaurant
Restaurant
Private Dining
Downstairs Bar
Brewery