133-07 Rockaway Blvd - Bank FOR SALE


South Ozone Park, NY 11420
$3,708,641 USD
203-887-8797
133-07 Rockaway Blvd, South Ozone Park, NY for Sale
$3,708,641 USD
Bank - FOR SALE
1/2
null | 5% Cap Rate

133-07 Rockaway Blvd
South Ozone Park, NY 11420


HIGHLIGHTS

  • Absolute Triple Net Lease with Attractive Rental Increases
  • Renewal Option Features Fair Market Value Rent
  • Rare Queens Citibank Investment with 18 Dedicated Parking Spaces

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Citibank located at 13307 Rockaway Blvd, Queens, NY 11420. The site consists of roughly 6,100 rentable square feet of building space on an estimated 0.22-acre parcel of land. This Citibank is subject to an original 15-year Triple Net (NNN) lease, which commenced 4/15/2008. The current annual rent is $185,432 and has scheduled increases of 3.00% annually.

FOR SALE DETAILS

PRICE

$3,708,641 USD

PRICE/SF

$608 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Citibank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

R3-2

APN/PARCEL ID

11700-0006,11700-0009

ASK ABOUT THIS PROPERTY

Anthony D'AmbrosiaNNN Pro GroupMore Info
203-887-8797

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Anthony D'AmbrosiaNNN Pro GroupMore Info
203-887-8797

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.