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173 Waverly ave 173 Waverly ave 2,164 - 3,000 SF of Retail Space Available in Patchogue, NY 11772
Highlights
- Freestanding building, ±2,164–3,000 SF on a 0.75-acre corner lot
- White box delivery — landlord investing in new parking paving and façade renovation
- Ideal for drive-thru QSR, coffee, auto, tire, quick-lube, or daily-needs users
- Over 70,000 cars/day between Sunrise Hwy and Waverly Ave
- Surface parking, multiple curb cuts, full access from Waverly Avenue
- Easy in-and-out access with multiple curb cuts and direct connection to Sunrise Hwy
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 173 | 2,164-3,000 SF | Negotiable | $42.89 CAD/SF/YR $3.57 CAD/SF/MO $128,670 CAD/YR $10,723 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 173
173 Waverly Ave is a high-exposure corner pad directly next to a light, right off Sunrise Highway.? The visibility here is as good as it gets every car stopping at that intersection is staring at this site.? Traffic is heavy all day: Sunrise Highway pulls 50,000+ cars per day, and Waverly adds another 20,000+.? The surrounding area is strong and stable, with a solid suburban customer base.? Within a few miles you’ve got close to 170,000 people and almost 60,000 households, with average household incomes pushing $140K–$150K.? It’s the type of market that supports national brands, daily-needs users, and auto operators without struggling for volume.? The site sits on roughly 0.75 acres, but for the right tenant it can be expanded up to about 1.06 acres.? We prefer a ground lease, but we’re open to a build-to-suit if someone needs a shell delivered.? The property can take around 7,200–7,500 SF depending on the layout and approvals.? Perfect fit for auto service, tire, oil change, car wash (where allowed), drive-thru coffee or QSR, or any operator that wants real visibility and easy access.? Multiple curb cuts, direct access to Sunrise Highway, and nonstop traffic make this a simple, high-performing location.?
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- High-visibility corner
- Over 70,000 cars/day between Sunrise Hwy & Waverly
- Nearly 170,000 residents and 60,000 households
- Easy in-and-out access with multiple curb cuts
- Strong surrounding demographics
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 | 3,000 SF | Gross Leasable Area | 6,500 SF |
| Min. Divisible | 2,164 SF | Year Built | 1964 |
| Property Type | Retail | Parking Ratio | 3.85/1,000 SF |
| Total Space Available | 3,000 SF |
| Min. Divisible | 2,164 SF |
| Property Type | Retail |
| Gross Leasable Area | 6,500 SF |
| Year Built | 1964 |
| Parking Ratio | 3.85/1,000 SF |
About the Property
173 Waverly Avenue is a freestanding building on a 0.75-acre corner lot just off Sunrise Highway in Patchogue, NY. The available space is approximately 2,164 to 3,000 square feet. The landlord is delivering it as a white box with new parking lot paving and façade work included. The site sits at the corner of Waverly Avenue and Holbrook Road, one block from Sunrise Highway, with surface parking and multiple curb cuts. Traffic on Sunrise Highway runs over 50,000 cars per day, with another 26,000 on Waverly Avenue. The surrounding area includes Costco, Dick’s Sporting Goods, Home Depot, LA Fitness, Ulta, and Marshalls. Patchogue’s downtown has seen significant growth over the past several years and continues to attract new investment. Good fit for QSR, coffee, auto service, medical, or retail uses.
Nearby Major Retailers
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173 Waverly ave | 173 Waverly ave
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