Guy R Brewer Boulevard Queens, NY 11434

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Guy R Brewer Boulevard Queens, NY 11434

$7,500,000.00

  • A fully leased 1-story corner retail building constructed in 2011 consisting of 2 units.
  • Family Dollar has a 10-year lease with 3 five-year extension options.
  • The Family Dollar lease was executed in 2011 pre-construction.
  • Afro-Americans Parents Education Center has no exit clause from the lease. They are on the 6th year of a 15-year lease (includes recent 10-year extension).
  • Price ~ $7,500,000
  • Cap Rate: 6.06%

Details

  • A fully leased 1-story corner retail building constructed in 2011 consisting of 2 units.
  • Family Dollar has a 10-year lease with 3 five-year extension options.
  • The Family Dollar lease was executed in 2011 pre-construction.
  • Afro-Americans Parents Education Center has no exit clause from the lease. They are on the 6th year of a 15-year lease (includes recent 10-year extension).
  • Price ~ $7,500,000
  • Cap Rate: 6.06%

Additional Information

Asset Type

Retail

City

Queens

Neighborhood

Jamaica

Broker

Yuriy Ustoyev

Price

$7,500,000

Map

 

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Our strong relationships with national retailers & office tenants, the broader real estate community, brokers, contractors, architects, engineers, attorneys, and local municipalities offer significant benefits to property owners. We're proud to provide the most comprehensive investment sales, leasing, and property management services across Metropolitan New York and Long Island.

Contact Info

215-15 Northern Boulevard,
3rd Floor
Bayside, NY 11361

Phone: 646.586.2091

Fax: 646.767.6790

Web: www.assetcrg.com