INVESTMENT OFFERING
SAB Capital is pleased to present 207-02 Jamaica Avenue in Queens Village, NY, situated on the Jamaica Avenue commercial corridor. 207-02 Jamaica Avenue is a single-story, 3-bay warehouse with vacant land occupied by Meineke located at the intersection of 207th Street in the Queens Village. The subject property is built a total of 1,800 SF with 8,244 SF of land over a 100 ft. x 106 ft. lot. The parcel is C8-1 zoned (Block: 10835 Lot: 0021).
The subject property is strategically located along the Jamaica Avenue commercial corridor. It is also within 1 block of the Jamaica Ave/Francis Lewis Blvd bus stop serving the Q77 and Q110 buses. Investors, developers and owner-users have the opportunity to purchase a primely-located property in a section of Queens where commercial rents remain strong and growing.
* Tenant has indicated that it is willing to either continue for some period of time as a MTM NNN tenant at the current rent of $7,200 monthly ($86,400 annually) or sign a 5 -year NNN lease at $9,250 monthly ($111,000 annually), at the buyer’s option.
- Prime Queens Village Investment Opportunity
- 1,800 SF Built With Additional 8,244 SF of Land
- C8-1 Zoning
- Located Along Jamaica Avenue Commercial Corridor
- Within 1 Block of Jamaica Ave/Francis Lewis Blvd (Q77, Q110) Bus Stop
| Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
|---|---|---|---|---|---|
| 207-02 Jamaica Avenue | $2,950,000 | % | 1,800 | Available |
