Shopping Strip
Flatlands Retail Center
5801 Flatlands Ave, Brooklyn, NY 11234
Listing Price: $8,900,000
Investment Overview
Fully Occupied, with All Tenants Having Annual Increases, the Longest Tenant Base Term Expiring 6/30/2032, and the Majority of Tenants Having Options After the Expiration of Their Base Term. 5 of 6 Tenants are Responsible for Their Pro Rata Share of CAM & Real Estate Taxes; the Last Tenant Pays a Fixed Amount of CAM and their Pro Rata Share of the Real Estate Taxes
Investment Highlights
- Brand New 2023 Construction 6-Tenant Retail Strip in the Flatlands Neighborhood of Brooklyn, NY
- 20 On-Site Parking Spaces with 2 Points of Ingress and Egress
- Strategically Positioned at the Hard Intersection of Flatlands Ave and E 58th Street with 278 Feet of Frontage on Flatlands Ave (14,000 VPD)
Exclusively Listed By
Financing By
Listing Price: $8,900,000
Investment Highlights
- Brand New 2023 Construction 6-Tenant Retail Strip in the Flatlands Neighborhood of Brooklyn, NY
- 20 On-Site Parking Spaces with 2 Points of Ingress and Egress
- Strategically Positioned at the Hard Intersection of Flatlands Ave and E 58th Street with 278 Feet of Frontage on Flatlands Ave (14,000 VPD)
Investment Overview
Fully Occupied, with All Tenants Having Annual Increases, the Longest Tenant Base Term Expiring 6/30/2032, and the Majority of Tenants Having Options After the Expiration of Their Base Term. 5 of 6 Tenants are Responsible for Their Pro Rata Share of CAM & Real Estate Taxes; the Last Tenant Pays a Fixed Amount of CAM and their Pro Rata Share of the Real Estate Taxes
Exclusively Listed By
Financing By
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