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    1526 Un Tpke Lake Success, NY 11040

    Sponsored
    For Lease
    Contact for pricing

    Prime Nassau County Shopping Center Space Available

    Lot size:
    76,995 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 76,995 square foot retail shopping center, located at 1526 Union Turnpike in Lake Success, Nassau County, presents a unique investment opportunity. The property boasts five suites, offering flexible space options ranging from a minimum of 797 square feet to a maximum contiguous space of 13,975 square feet. Currently, 20,883 square feet are available for lease, providing significant potential for expansion or new tenancy. Situated at the western edge of Nassau County's north shore, near the Queens border, this center benefits from an advantageous location within a high-density, high-income demographic area. The surrounding area features a significant concentration of office and medical spaces, creating a robust and diverse customer base. The center's established reputation as one of the busiest and most successful shopping centers in New York ensures high visibility and strong foot traffic. This prime retail space offers an unparalleled opportunity to establish or expand a business within a thriving commercial environment. The property's multiple suite configuration allows for diverse tenant occupancy, creating a vibrant and dynamic shopping experience. This is an exceptional opportunity to secure a prominent location in a highly sought-after area. Don't miss this chance to capitalize on the exceptional potential of this well-established retail center.

    Property Features for 1526 Un Tpke

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    76,995 SF

    Unit(s) available at that property

    Space
    Space A
    Size
    1,820 SF
    Space
    Space B
    Size
    3,885 SF
    Space
    Space C
    Size
    6,734 SF
    Space
    Space D
    Size
    6,250 SF
    Space
    Space E
    Size
    14,772 SF

    HighLights

    • Retail property totaling 76,995 square feet.
    • Five suites available, ranging from 797 to 13,975 contiguous square feet.
    • 20,883 square feet currently vacant.
    • Located in Nassau County, NY, at 1526 Union Turnpike.
    • High‑traffic shopping center in a densely populated, high‑income area near Queens.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lake Success Shopping ... Shopping Mall Macy's Backstage Men'S Clothing Store Red Mango Frozen Yogurt Shop The Tasty Plate Astoria Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Success
    County
    Nassau
    State
    New York
    Longitude
    -73.7183639
    Latitude
    40.7715091

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Nassau County Shopping Center Space Available
    Where is this lifestyle center located?
    The property is located at 1526 Un Tpke Lake Success, NY.
    What are key features of this property?
    This property features: Retail property totaling 76,995 square feet.; Five suites available, ranging from 797 to 13,975 contiguous square feet.; 20,883 square feet currently vacant.
    Request Owner's contact information
    1526 Un Tpke Lake Success, NY 11040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1526 Un Tpke Lake Success, NY 11040
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