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Cherry Valley Plaza 456-488 Hempstead Tpke
325 - 1,695 SF of Retail Space Available in West Hempstead, NY 11552
Highlights
- Property is professionally maintained and managed
- Multi-Cultural Restaurants
- Heavy Daytime Foot Traffic
- 48 Car Garage Basement
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 10 | 1,370 SF | Negotiable | $29.00 /SF/YR $2.42 /SF/MO $312.15 /m²/YR $26.01 /m²/MO $3,311 /MO $39,730 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 3 | 325 SF | Negotiable | $73.00 /SF/YR $6.08 /SF/MO $785.77 /m²/YR $65.48 /m²/MO $1,977 /MO $23,725 /YR | Triple Net (NNN) |
456-488 Hempstead Tpke - 1st Floor - Ste 10
AVAILABLE FEBRUARY 2025: A ground-floor retail space with excellent window visibility and ample parking a few feet away. Space has over 1,300 sqft available with A/C, central heating, and private restrooms. Currently occupied by Game Stop. Located adjacent to a Lebanese restaurant and nail salon.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- After Hours HVAC Available
- Located in-line with other retailers
- Great signage
- Heavy daytime traffic
456-488 Hempstead Tpke - 1st Floor - Ste 3
A ground-floor retail space with excellent window visibility and ample parking a few feet away. Space has 325 sqft available with A/C, central heating, and private restrooms. The current tenant operates a comic book store in this space. Located adjacent to a jewelers and taco restaurant.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Central Heating System
- Private Restrooms
- After Hours HVAC Available
- Automatic Blinds
- Located in-line with other retailers
- Great signage on pylon and facade
- Heavy daytime foot traffic
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 Cherry Valley Plaza
- Tenant
- Description
- US Locations
- Reach
- European Wax Center
- Salon/Barber/Spa
- 1,272
- National
- Fit Body Boot Camp
- -
- -
- -
- Pet Supplies Plus
- Pet Shop/Supplies
- 951
- National
- Taco King
- Restaurant
- -
- Regional
- The Cajun Bucket
- Restaurant
- 2
- Local
| Tenant | Description | US Locations | Reach |
| European Wax Center | Salon/Barber/Spa | 1,272 | National |
| Fit Body Boot Camp | - | - | - |
| Pet Supplies Plus | Pet Shop/Supplies | 951 | National |
| Taco King | Restaurant | - | Regional |
| The Cajun Bucket | Restaurant | 2 | Local |
PROPERTY FACTS FOR 456-488 Hempstead Tpke , West Hempstead, NY 11552
| Center Type | Neighborhood Center | Frontage | |
| Parking | 165 Spaces | Gross Leasable Area | 34,681 SF |
| Stores | 14 | Total Land Area | 1.98 AC |
| Center Properties | 1 | Year Built | 1949 |
| Center Type | Neighborhood Center |
| Parking | 165 Spaces |
| Stores | 14 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 34,681 SF |
| Total Land Area | 1.98 AC |
| Year Built | 1949 |
About the Property
Cherry Valley Shopping Plaza is a neighborhood strip center with a GLA of 34,681 sqft. Fronting the highly traveled Hempstead Turnpike, the center is one of the leading retail destinations in West Hempstead, NY. It features a garage basement, 14 stores, 117 grade-level parking spaces, and 48 lower-level spaces. The retail center includes many significant tenants, including Pet Supplies Plus, Tropical Smoothie, Fit Body Boot Camp, Liberty Tax, and European Wax Center. The property is professionally maintained and managed by a team with over 85 years of experience.
- 24 Hour Access
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Monument Signage
Nearby Major Retailers
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Cherry Valley Plaza | 456-488 Hempstead Tpke
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