1600 Hempstead Tpke, East Meadow, NY 11554
For Lease
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This exceptional 4,102 square foot freestanding retail building, situated at 1600 Hempstead Turnpike in East Meadow, New York, presents a unique investment opportunity. The property boasts a highly visible location on a major thoroughfare in Nassau County, offering unparalleled exposure to a substantial volume of daily traffic. Its single-tenant occupancy provides flexibility and ease of management. The building's design incorporates a convenient drive-thru feature, enhancing its appeal to a wide range of potential tenants. Ample parking is available with 32 spaces provided for customer convenience. The property is currently vacant, presenting a blank canvas for a new business to establish a strong presence in a thriving community. The building's size and configuration are ideal for a variety of retail uses, making it an attractive option for both established businesses seeking expansion and entrepreneurs looking to launch a new venture. Located in the 11554 zip code, this property benefits from excellent access to major transportation routes, ensuring easy accessibility for both employees and customers. This is a rare opportunity to acquire a prime retail space in a high-traffic area with significant growth potential. The property is available for lease.
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John Stasichin - Mortgage Loan Officer Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.