Property profile

50 Cherry Valley Ave West Hempstead, NY 11552

OFF-MARKET
Retail properties & Spaces
71,131 SF
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Property summary

AI-generated overview

This exceptional retail opportunity presents 71,131 square feet of commercial space in a prime Nassau County location. Currently featuring a Stop & Shop and Sterling Optical, the property boasts a significant 66,000 square feet of vacant space available for lease. The building is strategically situated at the high-traffic intersection of Hempstead Turnpike, a major east-west Long Island roadway providing excellent connectivity between Nassau County and Queens. This ensures high visibility and accessibility for any business seeking a prominent presence in a densely populated area. The single-tenant occupancy offers a unique opportunity for a large-scale retailer or a business requiring substantial space. The existing tenants demonstrate the strong potential for success in this location. The property's size and location make it ideal for a variety of retail uses, offering significant potential for growth and profitability. This is a rare chance to secure a substantial retail space in a highly desirable and well-established commercial area of Nassau County. The property's prominent location on Hempstead Turnpike guarantees exceptional exposure to a large customer base. Serious inquiries are encouraged to explore this exceptional leasing opportunity. Detailed property information and lease terms are available upon request.

Property profile

Verified
Property type Retail properties & Spaces
Total area 71,131 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Food Market
  • Grocery & Convenience Store Food Market
  • Bank Credit Union
  • Bank Credit Union

Location

50 Cherry Valley Ave West Hempstead, NY 11552
West Hempstead metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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