8,000 SF Ground Floor + 8,000 SF Lower Level | 1404 Rockaway Parkway | Retail Property With 75″ Frontage For Sale

Property Details

Property Type	Retail
Property Name	8,000 SF Ground Floor + 8,000 SF Lower Level | 1404 Rockaway Parkway | Retail Property With 75″ Frontage For Sale
Primary Broker	Jack Sardar
Zoning	R5-D/C1-3
Floor	1

Property Description

Single story single tenant retail building for sale on a heavy foot and car traffic block. Can be delivered vacant. There is a municipal parking lot across the street and many national tenants on the block.

Location Description

Located in the Canarsie neighborhood of Brooklyn between Glenwood Rd & Smiths Ln near the Canarsie - Rockaway Parkway subway station.

Nearest Transit: L train at Canarsie - Rockaway Parkway and the B60, B82, B42, B6, B17, & B82-SBS bus stops.

Nearby tenants include Steph's Cake Shop, Dunkin', Baskin-Robbins, Popeyes Louisiana Kitchen, Rockaway Gourmet, Capital One Bank, Fisherman's Cove, McDonald's, Armando's Pizza, S&D Kids, T-Mobile, Jalapeño Brothers Market, Flowers By Bernadette, The Xperience Coffee House & Juice Bar, Bebe Fritay, Tastee Pattee, Blue Canarsie Fish, Lulucious Beauty Supply, Blink Fitness, Chase Bank, Public Storage and more!

Highlights

• Single story building
• Single tenant
• Heavy foot and car traffic block
• Municipal parking lot across the street
• Surrounded by national tenants
• Delivery Option: Occupied but can be delivered vacant
• Full basement
• Lot Dimensions: 75 X 106
• Current CAP over 10%
• Walgreens lease is from 4/2008 - 3/2028
• Rent is $50,000 a month triple net
• Sublease is paying $22,000 a month
• Ground Floor: 8,000 SF
• Lower Level : 8,000 SF

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