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Valley Stream 201-231 W Merrick Rd 1,440 - 6,391 SF of Retail Space Available in Valley Stream, NY 11580
HIGHLIGHTS
- EXCEPTIONAL DEMOGRAPHICS IN THIS TRADE AREA
- LOCATED AT SIGNALIZED INTERSECTION
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 203 | 2,776 SF | 14’ | 5-10 Years | $60.00 /SF/YR $5.00 /SF/MO $645.83 /m²/YR $53.82 /m²/MO $13,880 /MO $166,560 /YR | Triple Net (NNN) | |
| 1st Floor, Ste 215 | 1,440 SF | - | Negotiable | $65.00 /SF/YR $5.42 /SF/MO $699.65 /m²/YR $58.30 /m²/MO $7,800 /MO $93,600 /YR | Triple Net (NNN) | |
| 1st Floor, Ste 233 | 2,175 SF | - | 10 Years | $40.00 /SF/YR $3.33 /SF/MO $430.56 /m²/YR $35.88 /m²/MO $7,250 /MO $87,000 /YR | Triple Net (NNN) |
207-225 W Merrick Rd - 1st Floor - Ste 203
End Cap location at very busy grocery anchored center. over 100 ft of exposure in Merrick Road at entrance to shopping center.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space In Need of Renovation
- Corner Space
- Finished Ceilings: 14’
- End Cap
207-225 W Merrick Rd - 1st Floor - Ste 215
- Lease rate does not include utilities, property expenses or building services
207-225 W Merrick Rd - 1st Floor - Ste 233
End Cap Facing Merrick Road
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space In Need of Renovation
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 VALLEY STREAM
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Dunkin Donuts
- Retailer
- -
- -
- King Kullen Supermarket
- Retailer
- -
- -
- Popeye's Louisiana Kitchen
- Fast-food
- 4,615
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Dunkin Donuts | Retailer | - | - |
| King Kullen Supermarket | Retailer | - | - |
| Popeye's Louisiana Kitchen | Fast-food | 4,615 | International |
PROPERTY FACTS
| Total Space Available | 6,391 SF | Frontage | 100’ on Merrick Road |
| Center Type | Neighborhood Center | Gross Leasable Area | 98,862 SF |
| Parking | 600 Spaces | Total Land Area | 16.71 AC |
| Stores | 9 | Year Built | 1963 |
| Center Properties | 4 | Cross Streets | Central |
| Total Space Available | 6,391 SF |
| Center Type | Neighborhood Center |
| Parking | 600 Spaces |
| Stores | 9 |
| Center Properties | 4 |
| Frontage | 100’ on Merrick Road |
| Gross Leasable Area | 98,862 SF |
| Total Land Area | 16.71 AC |
| Year Built | 1963 |
| Cross Streets | Central |
ABOUT THE PROPERTY
BUSY GROCERY ANCHORED CENTER WITH STRONG CO-TENANCY. ONE OF THE BUSIEST KING KULLEN STORES Lots of free parking
NEARBY MAJOR RETAILERS
Presented by
Valley Stream | 201-231 W Merrick Rd
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