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The Shoppes at Water Mill 760 Montauk Hwy 1,880 SF of Retail Space Available in Water Mill, NY 11976
Highlights
- Take-out Food Site
- Consistent Year-Round Consumer Interest
- Village Business (VB) Zoning
- Water Mill's Destination Shopping Center
- Direct Access to Parking Lot
- Variety of Potential Uses
- 154 Parking Spots with 9 Tesla Superchargers
- Highway Exposure & Signalized Intersection
- Watermill Village Luxury Retail Plaza
- Full Highway Visibility
- Build-To-Suit
- Tesla Charging Station
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 1,880 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
760 Montauk Hwy - 1st Floor - Ste A
Turnkey Business Sale In A Core Hamptons Retail Corridor Water Mill Wine & Spirits Rare Hamptons Off-Premise License Business At A Signalized Corner
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 | 1,880 SF | Gross Leasable Area | 29,314 SF |
| Center Type | Neighborhood Center | Total Land Area | 9.66 AC |
| Parking | 462 Spaces | Year Built | 2002 |
| Center Properties | 6 |
| Total Space Available | 1,880 SF |
| Center Type | Neighborhood Center |
| Parking | 462 Spaces |
| Center Properties | 6 |
| Gross Leasable Area | 29,314 SF |
| Total Land Area | 9.66 AC |
| Year Built | 2002 |
About the Property
The Shoppes at Water Mill is being re-envisioned as an active retail /entertainment destination (such as the new Goldberg's Bagels Food Market concept opening and exclusive landscape sculpture displays). There will be a tremendous growth in local consumers in early 2024 from a massive, luxury condo development directly next door that just sold out all 38-units. Water Mill Station is also directly adjacent to this site; one of the most high-end office developments on the East End. The 3.64-acre retail shopping center has 6 individual buildings and has become the focal point of the hamlet of Water Mill. Rear parking for 154 vehicles and a traffic light for convenient access. Nine Tesla charging stations complement the parking lot and luxury tenant mix. Village Business Town of Southampton zoning; some of the most flexible commercial/ retail zoning within Town Code. Currently built-out as a fitness studio, but can be customized to meet your vision. The mix of wet use and dry retail tenants create consistent year-round consumer interest.
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The Shoppes at Water Mill | 760 Montauk Hwy
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