50 Cherry Valley Ave, West Hempstead, NY 11552
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.
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Peapod by Stop & Shop Grocery & Convenience Store Food Market
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Stop & Shop Grocery & Convenience Store Food Market
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Western Union Bank Credit Union
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Coinstar Bank Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.