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

Investment Overview

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.

Investment Highlights

• Single-story building
• Heavy foot and car traffic block
• Municipal parking lot across the street
• Surrounded by national tenants
• Delivered: Vacant
• Full Basement 8,000 SF
• 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
• The buyer can use the building and still collect rent from Wallgreens until the lease expiration
• Ground Floor: 8,000 SF
• Lower Level: 8,000 SF