Avison Young is pleased to present the exclusive opportunity to acquire 446 West 14th Street, a fully leased, cash-flowing retail asset located in the heart of Manhattan’s iconic Meatpacking District. Positioned along one of New York City’s most vibrant and heavily trafficked retail corridors, the property offers investors a rare combination of long-term income security, high-profile tenancy, and institutional-quality real estate.
The three-story, 22,285-square-foot building features 50 feet of prime frontage along West 14th Street and includes a fully built-out lower level and an activated rooftop bar, maximizing functionality and revenue potential. The property is 100% leased to The Puttery, an upscale mini golf bar concept that has rapidly emerged as a leader in the experiential “eatertainment” space. Backed by Drive Shack Inc. (OTC: DSHK), a publicly traded leisure and entertainment operator, The Puttery benefits from a corporate lease guaranty and has approximately nine years of term remaining on a NNN lease, with the tenant responsible for 100% of real estate taxes.