A modified gross lease
is a lease structure where both the landlord and the tenant are responsible for paying a property’s operating expenses. The specific operating expenses paid by a tenant or a landlord under a modified gross lease can and do vary widely.
Shops at the Loom offers an alternative spin on the mini-mall, the Loom is home to roughly 21 businesses - All spaces feature both exterior storefront and interior mall entrances - Located at the busy intersection of Flushing Avenue; and a 4 minute walk from the Morgan Avenue L-train station - At the Loom’s center is an outdoor courtyard area open to all visitors, complete with free WiFi - Situated at the base of 30 high-end loft-style apartments
Listed rate may not include certain utilities, building services and property expenses
Located in-line with other retail
Storefront exposure to both street & interior mall
Fully Built-Out as Standard Retail Space
At busy Knickerbocker/Flushing Ave intersection
Outdoor courtyard for tenant and customer use
Amenities
Can Be Vented
Corner
Street Parking
White Box Finish
Nearby Transport
Subway
Bus
Morgan Av Station
5 min walk, 0.25 miles away
L
Jefferson St Station
6 min walk, 0.3 miles away
L
Montrose Av Station
12 min walk, 0.62 miles away
L
Myrtle Av Station
13 min walk, 0.67 miles away
M
J
Z
Flushing Av Station
14 min walk, 0.74 miles away
M
G
J
Z
Flushing Av / Knickerbocker Av Station
0 min walk, 0.03 miles away
B57
Flushing Av / Melrose St Station
2 min walk, 0.11 miles away
B57
Flushing Av / Thames St Station
3 min walk, 0.14 miles away
B57
Flushing Av / Wilson Av Station
3 min walk, 0.15 miles away
B57
Morgan Av / Thames St Station
3 min walk, 0.16 miles away
B60
Available Now
$80
per sqft
900 ft²
Modified Gross
A modified gross lease
is a lease structure where both the landlord and the tenant are responsible for paying a property’s operating expenses. The specific operating expenses paid by a tenant or a landlord under a modified gross lease can and do vary widely.