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Walgreens Shopping Center 1397-1415 Hempstead Tpke 4,962 SF of Retail Space Available in Elmont, NY 11003
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 4,962 SF | 10’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1415 Hempstead Tpke - 1st Floor
Prime end-cap retail opportunity located on heavily traveled Hempstead Turnpike. This highly visible space is situated within a well-established shopping center anchored by Walgreens and complemented by a strong mix of national and local retailers, including Wingstop, The UPS Store, a dry cleaner, nail salon, bagel store, and pizzeria. The center benefits from exceptional co-tenancy and surrounding retail synergy, with TJ Maxx adjacent to the property and McDonald's directly across the street. The location also enjoys proximity to major regional destinations, situated just one mile from UBS Arena and minutes from the Queens border. Property Highlights: Former Work N Gear retail space End-cap unit with excellent visibility and signage potential Frontage along heavily trafficked Hempstead Turnpike Walgreens-anchored shopping center Strong co-tenant mix driving consistent customer traffic Adjacent to TJ Maxx Across from McDonald's Approximately 1 mile from UBS Arena Convenient access to Queens and surrounding Nassau County communities Ideal for retail, service, medical, fitness, or restaurant users seeking a high-exposure location in a proven retail corridor.
- Lease rate does not include utilities, property expenses or building services
- Finished Ceilings: 10’
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 Walgreens Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Walgreens
- Drug Store
- 9,267
- International
| Tenant | Description | US Locations | Reach |
| Walgreens | Drug Store | 9,267 | International |
Property Facts
| Total Space Available | 4,962 SF | Gross Leasable Area | 46,163 SF |
| Center Type | Neighborhood Center | Total Land Area | 4.53 AC |
| Stores | 8 | Year Built | 1958 |
| Center Properties | 3 |
| Total Space Available | 4,962 SF |
| Center Type | Neighborhood Center |
| Stores | 8 |
| Center Properties | 3 |
| Gross Leasable Area | 46,163 SF |
| Total Land Area | 4.53 AC |
| Year Built | 1958 |
Features and Amenities
- Air Conditioning
- Bus Line
- Corner Lot
- Dedicated Turn Lane
- Fireplace
- Pylon Sign
- Restaurant
- Monument Signage
Nearby Major Retailers
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Walgreens Shopping Center | 1397-1415 Hempstead Tpke
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