Description
Compass is excited to announce the sale of this shopping mall at 130-22 14th Ave, a single-story, multi-tenanted retail building situated on the busy street of 14th Ave which is convenient for commuters. With two other large shopping centers behind us, this proves to be a very convenient and popular location. This shopping center consists of five tenants, three of which are AAA tenants. This property is a 41,382 sqft lot complimented by a retail shopping center and is a great investment opportunity for savvy investors. The tenants at this location all pay a portion of the real estate taxes, leaving the owner with about 12%. They have 3% annual rent increases and options to extend their leases. There is a new roof installed, along with a complete parking lot resurfacing of its 55 parking spots and a video surveillance system installed for a peace of mind.
Location
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Courtesy of: Compass Greater NY LLC © 2022 - All Rights Reserved. The IDX information on this site is provided exclusively for consumers' personal, non-commercial use. IDX information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data provided on this site is not guaranteed accurate by the MLS. Updated: 31st January, 2023 3:22 AM (UTC)
