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Philips at Sunrise Center 5500 Sunrise Hwy 10,759 - 75,347 SF of Retail Space Available in Massapequa, NY 11758
HIGHLIGHTS
- These spaces are located in a large shopping center with national tenants.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 11 | 64,588 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| Ground, Ste 20 | 10,759 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
5500 Sunrise Hwy - Ground - Ste 11
64,588 Sf available for lease in a major power center grocery anchored shopping center that has many national tenants. Two story space that has both escalators and elevators. Excellent parking and visibility. Many national tenants including Burlington, TJ Maxx, Michaels, McDonalds, and soon a Starbucks.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Anchor Space
- Central Air and Heating
- Great central location in the shopping center.
- Excellent parking.
- Escalators and elevators service the 2nd floor.
5500 Sunrise Hwy - Ground - Ste 20
10,759 SF former Party City available for lease. Great end-cap location close to Sunrise Hwy in a major power center grocery anchored shopping center. Great parking and neighboring tenants, with many national tenants including Burlington, TJ Maxx, Michaels, McDonalds, and soon a Starbucks.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Drop Ceilings
- Excellent location close to Sunrise Hwy.
- Excellent parking.
- End-cap space with lots of windows.
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 | 75,347 SF | Center Properties | 9 |
| Center Type | Power Center | Gross Leasable Area | 353,089 SF |
| Parking | 10,570 Spaces | Total Land Area | 33.55 AC |
| Stores | 23 | Year Built | 1981 |
| Total Space Available | 75,347 SF |
| Center Type | Power Center |
| Parking | 10,570 Spaces |
| Stores | 23 |
| Center Properties | 9 |
| Gross Leasable Area | 353,089 SF |
| Total Land Area | 33.55 AC |
| Year Built | 1981 |
ABOUT THE PROPERTY
Large community center with SShopRite, Staples, Michaels Arts & Crafts, T.J. Maxx, Party City, Burlington, Petco, National Wholesale Liquidators, Raymour & Flanigan, and Starbucks. The shopping center is located on the south side of Sunrise Hwy. Across from Westfield Sunrise Mall. Traffic count is approximately 51,700 VPD The 414,000 sf ± community shopping center is located on the south side of Sunrise Highway, 3/4 mile west of Route 110 (Nassau County) in Massapequa, Long Island, NY Recent statistics show Massapequa to be comprised of stable, middle-age middle-class communities, with an average family income of $107,790. Forecasters indicate that the area will continue strong financial growth.
- Pylon Sign
- Restaurant
- Signage
NEARBY MAJOR RETAILERS
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Philips at Sunrise Center | 5500 Sunrise Hwy
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