This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Former Rite Aid Available at Franklin Plaza 166-206 New Hyde Park Rd
7,620 SF of Retail Space Available in Franklin Square, NY 11010
Highlights
- Fully Renovated Façade Completed in 2023
- Only Neighborhood Shopping Center in the Area
Space Availability (1)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor, Ste 178 | 7,620 SF | 10 ft 10 in | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor, Ste 178
• Former Rite Aid Space • CAN BE DIVIDED
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Finished Ceilings: 10 ft 10 in
- Newly Renovated in 2023
- Divisible Space
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 agent 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.
SITE PLAN
SELECT TENANTS AT Former Rite Aid Available at Franklin Plaza
- Tenant
- Description
- US Locations
- Reach
- Baskin Robbins
- Ice Cream
- 5,007
- International
- Greek Xpress
- Restaurant
- 1
- -
- Insight Hair Salon
- Service type
- 1
- -
- Memory Nail Spa Inc
- Nail Salon
- 1
- Local
- New Generation Karate
- -
- 1
- -
- Olivetto Pizzeria Restaurante
- Restaurant
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Baskin Robbins | Ice Cream | 5,007 | International |
| Greek Xpress | Restaurant | 1 | - |
| Insight Hair Salon | Service type | 1 | - |
| Memory Nail Spa Inc | Nail Salon | 1 | Local |
| New Generation Karate | - | 1 | - |
| Olivetto Pizzeria Restaurante | Restaurant | 1 | Local |
PROPERTY FACTS FOR 166-206 New Hyde Park Rd , Franklin Square, NY 11010
| Property Type | Retail | Year Built/Renovated | 1974/2024 |
| Property Subtype | Storefront | Parking Ratio | 4.5/1,000 SF |
| Gross Internal Area | 46,535 SF | Cross Streets | Tulip Ave |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Internal Area | 46,535 SF |
| Year Built/Renovated | 1974/2024 |
| Parking Ratio | 4.5/1,000 SF |
| Cross Streets | Tulip Ave |
About the Property
• Franklin Plaza was recently fully renovated in 2024, and it is the area’s only neighborhood strip center, anchored by Long Island-based supermarket, Holiday Farms. • In addition to Franklin Square, this shopping center also serves surrounding towns such as Floral Park, New Hyde Park, Stewart Manor, Elmont, West Hempstead & others • 24,000 total average vehicles per day • Located just over a 1/2 mile from the closest LIRR Station, Stewart Manor • Quick access to and from major East-West thoroughfare Hempstead Turnpike (NY-24)
- Signage
- Signalised Intersection
Nearby Major Retailers
Presented by
Former Rite Aid Available at Franklin Plaza | 166-206 New Hyde Park Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.