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Masapequa Plaza 5117-5139 Merrick Rd 11,500 SF of Retail Space Available in Massapequa, NY 11758
HIGHLIGHTS
- 33,000 Average Vehicles Per Day
- Traffic Light Access
- 183 Parking Spaces
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 11,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
5117-5163 Merrick Rd - 1st Floor
Former Rite Aid Endcap at Massapequa Plaza is Available For Lease
- Endcap
- 183 Parking Spaces
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.
SELECT TENANTS AT MASAPEQUA PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Ace Hardware
- Hardware
- 4,593
- International
- Ginos Tuscany Restuarant
- Restaurant
- 2
- Regional
- Great American Jewelry
- Jewelry/Watches
- 1
- Local
- Northwell Health Urgent Care
- MD/DDS
- 439
- Regional
- Pequa Spirits
- Liquor
- 1
- Local
- Sals Meat Market
- Butcher/Fish Market
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Ace Hardware | Hardware | 4,593 | International |
| Ginos Tuscany Restuarant | Restaurant | 2 | Regional |
| Great American Jewelry | Jewelry/Watches | 1 | Local |
| Northwell Health Urgent Care | MD/DDS | 439 | Regional |
| Pequa Spirits | Liquor | 1 | Local |
| Sals Meat Market | Butcher/Fish Market | 1 | Local |
PROPERTY FACTS
| Total Space Available | 11,500 SF | Frontage | 535’ on Merrick Road |
| Center Type | Neighborhood Center | Gross Leasable Area | 47,902 SF |
| Parking | 200 Spaces | Total Land Area | 3.79 AC |
| Stores | 9 | Year Built | 1956 |
| Center Properties | 1 |
| Total Space Available | 11,500 SF |
| Center Type | Neighborhood Center |
| Parking | 200 Spaces |
| Stores | 9 |
| Center Properties | 1 |
| Frontage | 535’ on Merrick Road |
| Gross Leasable Area | 47,902 SF |
| Total Land Area | 3.79 AC |
| Year Built | 1956 |
ABOUT THE PROPERTY
• VIDEO: https://youtu.be/VMtkCKqGHGQ?si=MjuCjHvT7E378W6l • Massapequa Plaza co-tenants include: Ace Hardware, Northwell Health GoHealth Urgent Care, Fit Body Boot Camp, Pequa Spirits Wine & Liquor, Gino’s Tuscany Restaurant, Sal’s Meat Market, Guac Shop, and Great American Jewelry • Traffic Light Access and 535 Feet of Frontage on the heavily-trafficked Merrick Road • Major nearby retailers include Whole Foods, ShopRite, King Kullen, Lidl, Staples, Five Below, Kohl’s, Burlington Coat Factory, TJ Maxx, and more within just 1 Mile of the site • Median Household income of $170,249 within 1 mile of the site, with 5,897 Households, with a total possible Buying Power (M.H.H.I x Households) of over $1 Billion • Located in the heart of Nassau County, which has the highest median household income in the state of NY, and the 12th-highest in the country.
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Masapequa Plaza | 5117-5139 Merrick Rd
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