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Rite Aid Pharmacy 577 Larkfield Rd
10,800 SF of Retail Space Available in East Northport, NY 11731
Highlights
- 11K SF Building on a 55K SF Lot
- High ceilings 18’-22’
- 60 Parking Spaces & Drive-thru
- Commercial Road with National tenants
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 | 10,800 SF | 18’ - 22’ | 3-15 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
• Former “Rite Aid” • Built-out stand-alone retail store with a drive thru in the rear • 60 parking spaces on-site • Heavy vehicle traffic on a main intersection with neighboring national tenants • All uses considered
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Central Air Conditioning
- Corner Space
- Drop Ceilings
- Finished Ceilings: 18’ - 22’
- Drive Thru
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 Rite Aid Pharmacy
- Tenant
- Description
- US Locations
- Reach
- 7-11
- Accommodation and Food Services
- -
- -
- Advanced Auto Parts
- Services
- -
- -
- Flagstar Bank
- Finance and Insurance
- -
- -
- Lidl
- Accommodation and Food Services
- -
- -
- Mavis Discount Tire
- Services
- -
- -
- Starbucks
- Accommodation and Food Services
- -
- -
| Tenant | Description | US Locations | Reach |
| 7-11 | Accommodation and Food Services | - | - |
| Advanced Auto Parts | Services | - | - |
| Flagstar Bank | Finance and Insurance | - | - |
| Lidl | Accommodation and Food Services | - | - |
| Mavis Discount Tire | Services | - | - |
| Starbucks | Accommodation and Food Services | - | - |
PROPERTY FACTS FOR 577 Larkfield Rd , East Northport, NY 11731
| Property Type | Retail | Year Built | 2003 |
| Property Subtype | Freestanding | Parking Ratio | 2.75/1,000 SF |
| Gross Leasable Area | 12,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 12,000 SF |
| Year Built | 2003 |
| Parking Ratio | 2.75/1,000 SF |
About the Property
Formerly Rite-Aid, this corner property boasts 60 parking spaces and a drive-thru. Nicely set in the center of a 55,800 SF lot, with multiple signage opportunities. Larkfield Road is home to a number of International and National tenants, including Lidl, Flagstar, Starbucks, 7-11, Mavis, Advanced Auto Parts, and more.
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
- Air Conditioning
-
Jacob Rubin -
Joseph Harary -
Meridian Capital Group, LLC
Presented by
Rite Aid Pharmacy | 577 Larkfield Rd
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