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    OFF-MARKET
    Neighborhood centers

    603 Sunrise Hwy, Lynbrook, NY 11563

    31,000 SF
    Property ID
    Property summary
    AI-generated overview

    Philips Plaza, a vibrant retail strip center located at 603 Sunrise Highway in Lynbrook, NY 11563, offers exceptional leasing opportunities. This prime location boasts a total of 31,000 square feet of retail space, with a minimum divisible unit of 1,208 square feet and a maximum contiguous space of 3,500 square feet. Currently, 4,708 square feet are available for lease, providing a fantastic chance for businesses seeking high-traffic exposure. The property benefits from its strategic position on Sunrise Highway, a major east-west artery connecting Queens, Nassau, and Suffolk Counties, ensuring high visibility and accessibility. Its proximity to the Lynbrook Long Island Railroad Station and the Southern State Parkway further enhances its appeal, providing convenient access for both commuters and customers. The center is situated in a densely populated area, bordering the affluent Five Towns, guaranteeing a strong customer base. Ample parking is available with 180 spaces to accommodate shoppers and employees. This is an exceptional opportunity to establish or expand your business in a thriving retail environment. The property is a multiple-tenancy strip center, offering a diverse and dynamic retail mix. Don't miss this chance to secure your space in this highly sought-after location.

    Property profile
    Verified
    Property type Neighborhood centers
    Total area 31,000 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
    • European Wax Center Laser Hair Removal Skin Care Clinic
    • European Wax Center Spa & Massage Center Skin Care Clinic
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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