Triple Net (NNN)
A triple net
lease (triple-net or NNN) is a lease structure where the tenant pays all the expenses of the space, including property taxes, building insurance, and maintenance. These expenses are in addition to the cost of rent and utilities.
Brand-new Retail Spaces Available at 450 Grand Avenue
Be part of a brand-new mixed-use development in the heart of Clinton Hill, Brooklyn. Four (4) newly built ~1,000 SF retail spaces available, totaling approximately 4,000 SF. Each unit is delivered white-boxed with HVAC, venting, sprinklers, and dedicated basement storage.
Positioned just off bustling Fulton Street and overlooking the vibrant Putnam Triangle plaza, 450 Grand Avenue benefits from steady foot traffic and excellent visibility. The location is less than a mile from Barclays Center and surrounded by a rich mix of local businesses, dining, and cultural institutions, with easy access to multiple subway lines.
Triple Net (NNN)
A triple net
lease (triple-net or NNN) is a lease structure where the tenant pays all the expenses of the space, including property taxes, building insurance, and maintenance. These expenses are in addition to the cost of rent and utilities.