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Stewart Square 581 Stewart Ave
3,840 SF of Retail Space Available in Garden City, NY 11530
Highlights
- Call Robert at (516) 740-2777 for more information today!
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,840 SF | 1-10 Years | $45.00 /SF/YR $3.75 /SF/MO $484.38 /m²/YR $40.36 /m²/MO $14,400 /MO $172,800 /YR | Modified Gross |
1st Floor
62' of frontage 49 parking spaces #1 Performing Retail Market in Long Island • Signalized highly visible corner with 39,000+ vehicles daily. Easy access to the Northern State Parkway, Meadowbrook State Parkways as well as Old Country Road and Hempstead Turnpike. • Dense population of over 201,000 with an average household income of $139,000+ within 3 miles and a daytime population of 307,000+ due to dense office market • Close proximity to Hofstra University, Adelphi University and Nassau Community College with 40,000+ students as well as Roosevelt Field mall the 8th largest mall in the U.S.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Wheelchair Accessible
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 581 Stewart Ave , Garden City, NY 11530
| Property Type | Retail | Gross Leasable Area | 10,800 SF |
| Property Subtype | Retail | Year Built | 1990 |
| Property Type | Retail |
| Property Subtype | Retail |
| Gross Leasable Area | 10,800 SF |
| Year Built | 1990 |
About the Property
Property is easy access to the Northern State Parkway, Meadowbrook State Parkways as well as Old Country Road and Hempstead Turnpike. Close proximity to Hofstra University, Adelphi University and Nassau Community College with 40,000+ students as well as Roosevelt Field mall the 8th largest mall in the U.S.
Nearby Major Retailers
-
Robert Heicklen -
Stonegate Real Estate
Presented by
Stewart Square | 581 Stewart Ave
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