Retail Destination in West
For Lease
Contact for pricing
456-488 Hempstead Turnpike, West Hempstead, NY 11552
Neighborhood strip center with significant tenants and ample parking.
Space Size1,050 SF - 9,429 SF
Property Size34,681 SF
Days on Market851
Property Features for 456-488 Hempstead Turnpike
General Information
Standard status
Active
Size
1,050 SF - 9,429 SF
Class
C
Total Parking Spaces
165
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
34,681 SF
Year Built
1949
Tenancy
Multiple
Spaces For Lease
at 456-488 Hempstead Turnpike Contact us- Size
- 1,050 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Suite 12
- Size
- 9,429 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Suite 7-8
Listing Agency:
Milbrook Properties Ltd
(516) 869-1240
Listed By:
Alex Hirsch · License #NY
Source:
Crexi
Added: May 4, 2024
Changed: Aug 22
Last Checked: Aug 28 at 9:35PM
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
Investment Insights
Based on property information with market context.
Cherry Valley Shopping Plaza is a neighborhood strip center offering 34,681 square feet of gross leasable area. Located on Hempstead Turnpike, it serves as a retail destination in West Hempstead, New York. The property features 14 stores, 117 grade-level parking spaces, and an additional 48 lower-level spaces, along with a garage basement. The retail center is home to tenants such as Pet Supplies Plus, Tropical Smoothie, Children's Art Classes, Liberty Tax, and European Wax Center. The property is professionally maintained and managed.
Key Highlights
- High‑traffic location on Hempstead Turnpike, a leading retail destination.
- Significant tenants including Pet Supplies Plus, Tropical Smoothie, and European Wax Center.
- 34,681 sqft Gross Leasable Area (GLA).
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.35 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
735
Businesses Nearby
243k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Neighborhood strip center with significant tenants and ample parking.
Where is this shopping center located?
The property is located at 456-488 Hempstead Turnpike West Hempstead, NY.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: High‑traffic location on Hempstead Turnpike, a leading retail destination.; Significant tenants including Pet Supplies Plus, Tropical Smoothie, and European Wax Center.; 34,681 sqft Gross Leasable Area (GLA).
