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Herricks Shopping Center 400 Hillside Ave 13,200 SF of Retail Space Available in New Hyde Park, NY 11040
HIGHLIGHTS
- BUSY SHOPPING CENTER - CORNER LOCATION.
- DENSELY POPULATED AREA WITH EXCELLENT DEMOGRAPHICS.
- LOCATED SIGNALIZED INTERSECTION.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 13,200 SF | 11’ | 10-12 Years | $30.00 /SF/YR $2.50 /SF/MO $322.92 /m²/YR $26.91 /m²/MO $33,000 /MO $396,000 /YR | Triple Net (NNN) |
400 Hillside Ave - 1st Floor
13,200 SF End cap space available.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Finished Ceilings: 11’
- Former Rite Aid with full basement
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 HERRICKS SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Capital One
- Bank
- 626
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Capital One | Bank | 626 | International |
PROPERTY FACTS
| Total Space Available | 13,200 SF | Gross Leasable Area | 55,172 SF |
| Center Type | Neighborhood Center | Total Land Area | 5.69 AC |
| Stores | 16 | Year Built | 1948 |
| Center Properties | 1 | Cross Streets | Herrick Ave. @ Hillside |
| Frontage | 400’ on Hillside Ave |
| Total Space Available | 13,200 SF |
| Center Type | Neighborhood Center |
| Stores | 16 |
| Center Properties | 1 |
| Frontage | 400’ on Hillside Ave |
| Gross Leasable Area | 55,172 SF |
| Total Land Area | 5.69 AC |
| Year Built | 1948 |
| Cross Streets | Herrick Ave. @ Hillside |
ABOUT THE PROPERTY
Neighborhood/Community Grocery Anchored Shopping Center
- 24 Hour Access
- Banking
- Air Conditioning
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| NY25B from Queens/Nassau Co Line to LAKEVILLE RD | - | 20,874 | 2023 | 0.02 mi |
| NY 25B | Hillside Blvd, SW | 20,879 | 2024 | 0.03 mi |
| Clausen Place | N 3rd St, W | 1,039 | 2025 | 0.09 mi |
| Clausen Pl | N 3rd St, W | 1,069 | 2019 | 0.10 mi |
| Hillside Ave | N 7th St, NE | 18,693 | 2025 | 0.12 mi |
| Lakeville Dr | Irons Pl, NW | 14,924 | 2025 | 0.20 mi |
| Hillside Blvd | White Ave, NW | 4,108 | 2024 | 0.22 mi |
| Hillside Ave | N 1st St, NE | 24,598 | 2025 | 0.22 mi |
| Lakeville Dr | Wilben Ct, NW | 20,610 | 2025 | 0.23 mi |
| Hillside Boulevard | White Ave, NW | 3,196 | 2025 | 0.27 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
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