132-12 14 Avenue College Point, NY 11356
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
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.
|a month ago||Listing updated with changes from the MLS|
|2 months ago||Price changed to $25,000,000|
|8 months ago||Listing first seen online|