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172-192 W Merrick Rd
13,819 SF of Retail Space Available in Valley Stream, NY 11580
Highlights
- 28,000 VPD
- Excellent Visibility
- Parking lot replaced 2024
- Strong Demos
- Rare Opportunity
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 198 | 13,819 SF | 10 Years | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
172-192 W Merrick Rd - 1st Floor - Ste 198
Fromly Rite Aid
- Highly Desirable End Cap Space
- Space In Need of Renovation
- End Cap
- Divisible
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.
SELECT TENANTS AT 172-192 W Merrick Rd, Valley Stream, NY 11580
- Tenant
- Description
- US Locations
- Reach
- Carvel
- Ice Cream
- 539
- National
- Kumon Math And Reading Center Of Valley Stream
- Other Services
- 2,407
- International
- Rite Aid
- Drug Store
- 3,556
- National
| Tenant | Description | US Locations | Reach |
| Carvel | Ice Cream | 539 | National |
| Kumon Math And Reading Center Of Valley Stream | Other Services | 2,407 | International |
| Rite Aid | Drug Store | 3,556 | National |
PROPERTY FACTS FOR 172-192 W Merrick Rd , Valley Stream, NY 11580
| Centre Type | Strip Center | Gross Leasable Area | 24,789 SF |
| Parking | 64 Spaces | Total Land Area | 1.04 AC |
| Centre Properties | 1 | Year Built | 1979 |
| Centre Type | Strip Center |
| Parking | 64 Spaces |
| Centre Properties | 1 |
| Gross Leasable Area | 24,789 SF |
| Total Land Area | 1.04 AC |
| Year Built | 1979 |
About the Property
Located directly on West Merrick Road less than a half mile from route 27 (50,000 VPD) a major East/West thoroughfare for Long Island. This prime retail corridor serves Valley Stream and the surrounding area and benefits from a concentrated pocket of national tenants in a 3-block radius. Some of these tenants include Walgreens, Dime, Pet Supplies Plus, Chase, CVS, Burger King, Dunkin’, King Kullen, AT&T, GameStop, Popeye’s Louisiana Kitchen, and Advanced Auto Parts
Nearby Major Retailers
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172-192 W Merrick Rd
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