Listing Agency: Blue Shark Realty Group Inc t**@bluesharkrealty.com Show Phone

Listed By: Efthimios Petrou · License #10311208110 Show Phone

Source: Exprealty

Added: Nov 25, 2024 Changed: Aug 8 Last Checked: Aug 8 at 6:01AM

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Investment Insights

Based on property information with market context.

New medical, office, and retail spaces are available for rent. Space A offers 1,650 square feet for $4,125, while Space B provides 1,580 square feet for $3,950. The spaces can be combined. The property features new HVAC and electric metered to tenant. Ample parking is available. Situated on a busy section of Montauk Highway, the location offers high traffic, excellent signage, and visibility.

Key Highlights

• Prime location on extremely busy Montauk Highway with great signage and visibility.
• Brand new construction suitable for medical, office, or retail use.
• Ample parking available.

Property Analytics

Property Profile

Current Use

Medical Office Space

Suggested Use

Top Pick Restaurant Hair Salon Real Estate Agency Auto Parts Store HVAC Service Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$4.36 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

225

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 11940, NY

5,396

Population

2,212

Households

2.4

Avg Household Size

47

Median Age

35%

College-Educated

90%

High-School Grad

5.0 sq mi

ZIP Area

1,079

Density / Sq Mi

$121,250

Median Household Income

$71,577

Median Earnings

$2,273

Median Rent

$626,400

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Brand new medical, office, or retail spaces available for lease.

Where is this medical office space located?

The property is located at 533 Montauk Hwy East Moriches, NY.

What is the lease rate?

The lease rate is $4,000/Mo.

What are key features of this property?

This property features: Prime location on extremely busy Montauk Highway with great signage and visibility.; Brand new construction suitable for medical, office, or retail use.; Ample parking available.