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Highlights

  • Freestanding building: ±13,207 SF on the Ground Floor
  • Signalized corner with excellent visibility
  • Existing drive-thru in place
  • Additional 6+ Industrial acres can be made available (parking, storage, equipment use)
  • Strong traffic counts along Veterans Memorial Hwy ( 40,000 VPD)

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 13,207 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Rare leasing opportunity to secure a high-profile corner property along one of Suffolk County’s most heavily trafficked corridors. This former Walgreens & Dollar Tree offers a freestanding building totaling ±14,595 SF situated on a ±1.62 -acre parcel at the signalized intersection of Veterans Memorial Highway and Suffolk Avenue. The site provides exceptional visibility, multiple points of access, and ample parking, making it ideal for a wide range of retail, medical, or service-oriented users seeking strong presence and accessibility. The buildings feature high ceilings, wide-open layouts, and an existing drive-thru, delivering a true blank canvas for tenants to design a highly functional, customized space. Additionally, ownership controls an adjacent ±6 Industrial acre parcel, which can be made available for overflow parking, equipment storage, outdoor use, or ancillary operations—a rare and highly flexible feature that significantly enhances the usability of the site for a variety of tenants. Surrounded by dense residential neighborhoods and a robust retail corridor, the property benefits from 248,961 people within a 5-mile radius and an average household income of $90,852, supporting strong consumer demand. National and regional co-tenancy in the immediate area includes Walmart Supercenter, Dave & Buster’s, McDonald’s, TJ Maxx, Stop & Shop, 7-Eleven, Chipotle, Panera, and Hampton Inn, driving consistent traffic to the trade area. This is a premier opportunity for tenants to establish or expand their footprint in a proven Long Island retail corridor.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • Space is in Excellent Condition
  • Existing drive-thru in place
  • Signalized corner with excellent visibility
  • Strong traffic counts along Veterans Memorial Hwy
Space Size Term Rental Rate Rent Type
1st Floor 13,207 SF Negotiable Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)

1st Floor

Size
13,207 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Rare leasing opportunity to secure a high-profile corner property along one of Suffolk County’s most heavily trafficked corridors. This former Walgreens & Dollar Tree offers a freestanding building totaling ±14,595 SF situated on a ±1.62 -acre parcel at the signalized intersection of Veterans Memorial Highway and Suffolk Avenue. The site provides exceptional visibility, multiple points of access, and ample parking, making it ideal for a wide range of retail, medical, or service-oriented users seeking strong presence and accessibility. The buildings feature high ceilings, wide-open layouts, and an existing drive-thru, delivering a true blank canvas for tenants to design a highly functional, customized space. Additionally, ownership controls an adjacent ±6 Industrial acre parcel, which can be made available for overflow parking, equipment storage, outdoor use, or ancillary operations—a rare and highly flexible feature that significantly enhances the usability of the site for a variety of tenants. Surrounded by dense residential neighborhoods and a robust retail corridor, the property benefits from 248,961 people within a 5-mile radius and an average household income of $90,852, supporting strong consumer demand. National and regional co-tenancy in the immediate area includes Walmart Supercenter, Dave & Buster’s, McDonald’s, TJ Maxx, Stop & Shop, 7-Eleven, Chipotle, Panera, and Hampton Inn, driving consistent traffic to the trade area. This is a premier opportunity for tenants to establish or expand their footprint in a proven Long Island retail corridor.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • Space is in Excellent Condition
  • Existing drive-thru in place
  • Signalized corner with excellent visibility
  • Strong traffic counts along Veterans Memorial Hwy

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.

Site Plan

Property Facts

Total Space Available 13,207 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 13,207 SF
Year Built 2001
Parking Ratio 6.28/1,000 SF

About the Property

Rare leasing opportunity to secure a high-profile corner property along one of Suffolk County’s most heavily trafficked corridors. This former Walgreens & Dollar Tree offers a freestanding building totaling ±14,595 SF situated on a ±1.62 -acre parcel at the signalized intersection of Veterans Memorial Highway and Suffolk Avenue. The site provides exceptional visibility, multiple points of access, and ample parking, making it ideal for a wide range of retail, medical, or service-oriented users seeking strong presence and accessibility. The buildings feature high ceilings, wide-open layouts, and an existing drive-thru, delivering a true blank canvas for tenants to design a highly functional, customized space. Additionally, ownership controls an adjacent ±6 Industrial acre parcel, which can be made available for overflow parking, equipment storage, outdoor use, or ancillary operations—a rare and highly flexible feature that significantly enhances the usability of the site for a variety of tenants. Surrounded by dense residential neighborhoods and a robust retail corridor, the property benefits from 248,961 people within a 5-mile radius and an average household income of $90,852, supporting strong consumer demand. National and regional co-tenancy in the immediate area includes Walmart Supercenter, Dave & Buster’s, McDonald’s, TJ Maxx, Stop & Shop, 7-Eleven, Chipotle, Panera, and Hampton Inn, driving consistent traffic to the trade area. This is a premier opportunity for tenants to establish or expand their footprint in a proven Long Island retail corridor.

  • Corner Lot
  • Dedicated Turn Lane
  • Freeway Visibility
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Monument Signage
  • Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100

Nearby Major Retailers

Starbucks
Chase
Flushing Bank
Flagstar
EverBank
Tim Hortons
  • Listing ID: 39854124

  • Date on Market: 2026-03-20

  • Last Updated:

  • Address: 1968 Veterans Memorial Hwy, Islandia, NY 11749

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