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164 Waverly Ave 5,000 - 20,000 SF of Retail Space Available in Patchogue, NY 11772

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HIGHLIGHTS

  • Building divisible from 5,000 to 20,000 square feet.
  • Situated on Waverly Avenue, a prime location with easy access to Patchogue Village and surrounding areas.
  • Enjoy an abundance of parking with 100+ parking spots.

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 5,000-20,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Condition
Shell Space
Availability
Now
  • Space is an outparcel at this property
Space Size Term Rental Rate Rent Type
1st Floor 5,000-20,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

1st Floor

Size
5,000-20,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Shell Space
Availability
Now

  • Space is an outparcel at this property

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS

Total Space Available 20,000 SF
Min. Divisible 5,000 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 20,000 SF
Year Built/Renovated 1962/2025
Parking Ratio 5.5/1,000 SF
Construction Status Under Renovation

ABOUT THE PROPERTY

Unlock the potential of this exceptional 1.63-acre build to suit location, perfectly positioned for retail, medical, or industrial use. This flexible build-to-suit property offers a versatile canvas to bring your vision to life. With 100’ of prominent building frontage on Waverly Avenue, the gateway to Patchogue Village, this 20,000-square-foot building provides unmatched visibility and accessibility. The property is located at a traffic light on this bustling thoroughfare, ensuring high traffic exposure and convenient access for patrons and clients alike. Whether you're seeking to establish a flagship retail store, a state-of-the-art medical facility, or an efficient industrial hub, this property provides the ideal foundation for success. Don’t miss this opportunity to build your future in one of Long Island’s most vibrant communities.

ATTACHMENTS

Waverly OM

NEARBY MAJOR RETAILERS

Orangetheory Fitness
King Kullen
Webster Bank
Chase Bank
IHOP
Applebee's
Starbucks
Ymca
Flight
Arooga's
  • Listing ID: 34518091

  • Date on Market: 2025-01-17

  • Last Updated:

  • Address: 164 Waverly Ave, Patchogue, NY 11772

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