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Neighborhood Retail Strip Center
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456-488 Hempstead Tpke, West Hempstead, NY 11552

Cherry Valley Shopping Plaza is a 14-store neighborhood strip center with two levels of parking and strong Hempstead Turnpike visibility.

Space Size1,050 SF
Days on Market370

Property Features for 456-488 Hempstead Tpke

General Information

Standard status Active
Size 1,050 SF
Total Parking Spaces 165
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes

Spaces For Lease

at 456-488 Hempstead Tpke Contact us

462 Hempstead Tpke

Floor
1
Size
1,050 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Cherry Valley Shopping Plaza is a 34,681 sqft neighborhood strip center located...
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Listing Agency: Milbrook Properties Ltd - Corporate
Listed By: Charles Hirsch
Source: Moodyscre
Added: Sep 8, 2025 Changed: Sep 7 Last Checked: Sep 12 at 9:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Milbrook Properties Ltd - Corporate

Investment Insights

Based on property information with market context.

Cherry Valley Shopping Plaza is a 34,681-square-foot neighborhood strip center featuring 14 stores plus a garage basement. The property is supported by two levels of parking totaling 165 spaces, providing convenient on-site access for visitors and customers.

Located just off Hempstead Turnpike in West Hempstead, the center is described as having excellent visibility from Hempstead Turnpike. It is also positioned within minutes of the Southern State Parkway.

The shopping center includes a tenant mix that features Pet Supplies Plus, Liberty Tax, Children’s Art Classes, Tropical Smoothie, and European Wax Center, supporting a day-to-day retail environment for prospective tenants and shoppers.

Key Highlights

  • 34,681 SF neighborhood strip center (Cherry Valley Shopping Plaza) just off Hempstead Turnpike in West Hempstead, NY
  • 14 stores plus 1 basement and a 165‑space parking facility with two levels of parking
  • Tenant mix includes Pet Supplies Plus, Liberty Tax, Tropical Smoothie, European Wax Center, and Children’s Art Classes

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Skin Care Clinic

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

735
Businesses Nearby
243k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 28% Dining 25% Superstores 23% Shops & Services 23%
The Home Depot Home Improvements & Furnishings
66,804 visits/mo 0.4 miles
Target Superstores
57,008 visits/mo 0.3 miles
Chipotle Mexican Grill Dining
19,782 visits/mo 0.4 miles
Exxon Shops & Services
16,971 visits/mo 0.1 miles
Municipal Credit Union Shops & Services
15,301 visits/mo 0.5 miles

Demographics for 11552, NY

24,903
Population
7,736
Households
3.2
Avg Household Size
40
Median Age
47%
College-Educated
93%
High-School Grad
3.5 sq mi
ZIP Area
7,115
Density / Sq Mi
$153,192
Median Household Income
$58,371
Median Earnings
$3,185
Median Rent
$615,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Cherry Valley Shopping Plaza is a 14-store neighborhood strip center with two levels of parking and strong Hempstead Turnpike visibility.
Where is this strip mall located?
The property is located at 456-488 Hempstead Tpke West Hempstead, NY.
What are key features of this property?
This property features: 34,681 SF neighborhood strip center (Cherry Valley Shopping Plaza) just off Hempstead Turnpike in West Hempstead, NY; 14 stores plus 1 basement and a 165‑space parking facility with two levels of parking; Tenant mix includes Pet Supplies Plus, Liberty Tax, Tropical Smoothie, European Wax Center, and Children’s Art Classes
(516) 869-8576 Call to check price and availability
More about this property
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