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164 Waverly Ave 1,000 - 20,000 SF of Space Available in Patchogue, NY 11772
Highlights
- Brand-new ground-up construction at a signalized Sunrise Highway intersection — 18,835 SF total, customizable from 2,000–20,000 SF, 16 ft clear height
- Adjacent to Blue Point Brewing Company, one of Long Island’s most recognized craft beer destinations, driving consistent regional foot traffic year-ro
- Power corridor co-tenancy: Costco, Dick’s Sporting Goods, Home Depot, LA Fitness, Ulta, and Marshalls all within the immediate trade area
- Sunrise Highway (NY-27) delivers 50,961 cars/day past the front door, plus 26,104 on Waverly Ave one of Suffolk County’s highest-traffic retail corn
- Less than 1 mile from St. Joseph’s University Long Island Campus — 3,000+ students and hundreds of faculty generating daily demand for dining, coffee,
- 168,604 people within 5 miles with average household incomes of $147,790 — affluent, dense, and underserved by new commercial product
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 2,000-18,000 SF | 16’5” | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | |
| 1st Floor, Ste A1 | 1,000-2,000 SF | 14’ - 16’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Anchor Space
- Central Heating System
- Corner Space
- High Ceilings
- Exposed Ceiling
- Recessed Lighting
- Emergency Lighting
- Finished Ceilings: 16’5”
- Smoke Detector
- Wheelchair Accessible
1st Floor, Ste A1
- Lease rate does not include utilities, property expenses or building services
- Finished Ceilings: 14’ - 16’
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 | 20,000 SF | Gross Leasable Area | 20,000 SF |
| Min. Divisible | 1,000 SF | Year Built/Renovated | 1962/2026 |
| Property Type | Retail | Parking Ratio | 5.5/1,000 SF |
| Property Subtype | Storefront | Construction Status | Under Renovation |
| Total Space Available | 20,000 SF |
| Min. Divisible | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 20,000 SF |
| Year Built/Renovated | 1962/2026 |
| Parking Ratio | 5.5/1,000 SF |
| Construction Status | Under Renovation |
About the Property
164 Waverly Avenue is a brand-new ground-up development sitting at a signalized intersection on Sunrise Highway in Patchogue one of Long Island’s most trafficked retail corridors. Over 50,000 cars pass this corner every single day. The space runs 2,000 to 20,000 square feet, fully customizable, with 16 ft clear heights and 110+ surface parking spaces. It’s a blank canvas built for the right operator. Patchogue isn’t a bet anymore it’s a proven market. The village has generated over $693 million in economic output through two decades of revitalization. Main Street is 95%+ leased. A $160 million mixed-use development just broke ground. The state just awarded Patchogue $4.5 million through NY Forward to keep the momentum going. This isn’t a turnaround story. The turnaround already happened. The location specifically benefits from St. Joseph’s University less than a mile away 3,000+ students and hundreds of faculty creating consistent daily demand. Blue Point Brewing Company sits adjacent, pulling regional traffic for tours, tastings, and events year-round. Costco, Dick’s, Home Depot, LA Fitness, Ulta, and Marshalls are all within the immediate trade area. The co-tenancy alone tells you this corridor works. With Long Island retail vacancy below 5% for two consecutive years and virtually no new supply coming to market, brand-new product at a Sunrise Highway corner is genuinely rare. This one won’t sit.
- 24 Hour Access
- Banking
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Restaurant
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
- Smoke Detector
- Cafe
Nearby Major Retailers
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164 Waverly Ave
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