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440 W Merrick Rd
1,694 - 3,779 SF of Space Available in Valley Stream, NY 11580
Highlights
- First floor 1,694 SF of retail space available for lease. Rental rate $35 PSF/Yr. $4,940 a month. Two parking spaces for the tenant.
- The use of gathering events, church and car dealership are not allowed due to building permit restrictions.
- Second floor 2,085 SF of office space available for lease. Rental rate: $20 PSF/Yr. $3,475 a month. Two parking spaces and separate entrance.
- Close to public transportation and Hwy. Next to luxury motors dealership.
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,694 SF | 5-10 Years | $35.00 /SF/YR $2.92 /SF/MO $376.74 /m²/YR $31.39 /m²/MO $4,941 /MO $59,290 /YR | Modified Gross |
1st Floor
First floor 1,694 SF of retail space available for lease; rental rate $35 PSF/Yr. modified gross, $4,940 a month.
- Listed rate may not include certain utilities, building services and property expenses
- Close to public transportation and Hwy.
- Next to luxury motors dealership.
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,694 SF | 5-10 Years | $35.00 /SF/YR $2.92 /SF/MO $376.74 /m²/YR $31.39 /m²/MO $4,941 /MO $59,290 /YR | Modified Gross | ||
| 2nd Floor | 2,085 SF | 5-10 Years | $20.00 /SF/YR $1.67 /SF/MO $215.28 /m²/YR $17.94 /m²/MO $3,475 /MO $41,700 /YR | Modified Gross |
1st Floor
First floor 1,694 SF of retail space available for lease; rental rate $35 PSF/Yr. modified gross, $4,940 a month.
- Listed rate may not include certain utilities, building services and property expenses
- Close to public transportation and Hwy.
- Next to luxury motors dealership.
2nd Floor
Nice second floor space over retail space. Second floor 2,085 SF of office space available for lease; rental rate: $20 PSF/Yr. modified gross, $3,475 a month. Two parking spaces and separate entrance.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Fits 6 - 17 People
- Space In Need of Renovation
- Close to public transportation and Hwy.
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 FOR 440 W Merrick Rd , Valley Stream, NY 11580
| Property Type | Retail | Year Built | 1960 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.32/1,000 SF |
| Gross Leasable Area | 12,560 SF | Cross Streets | S Terrace Pl |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 12,560 SF |
| Year Built | 1960 |
| Parking Ratio | 0.32/1,000 SF |
| Cross Streets | S Terrace Pl |
About the Property
First floor retail space and second floor office space available. The use of gathering, event, church and car dealership are not allowed due to building permit restriction. The space needs renovation work before move-in.
- 24 Hour Access
- Bus Line
- Security System
- Signage
- Storage Space
- Air Conditioning
Nearby Major Retailers
-
Tony Dong -
DYN Realty, LLC
Presented by
440 W Merrick Rd
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