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    OFF-MARKET
    Retail properties & Spaces

    50 Cherry Valley Ave, West Hempstead, NY 11552

    71,131 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Peapod by Stop & Shop Grocery & Convenience Store Food Market
    • Stop & Shop Grocery & Convenience Store Food Market
    • Western Union Bank Credit Union
    • Coinstar Bank Credit Union
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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