- 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%
Guy R Brewer Boulevard Queens, NY 11434
$7,500,000.00
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 |
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