12902 Guy R Brewer Blvd
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12902 Guy R Brewer Blvd
1,486 SF Retail Building Jamaica, NY 11434 $750,000 ($505/SF) 7% Cap Rate
Investment Highlights
- High Exposure
- Stable 30+ years business, Excellent Reputation
- Limited Competition
- High traffic
- Commercial Hub
- Diversification
Executive Summary
This free standing commercial property features a spacious interior with 19 feet high ceiling, ideal for the 30+ years dry cleaning business. It’s also a great location for other retail and service businesses. Additionally, it includes five front parking spaces and 2 more side-yard parking spaces, ensuring convenience for both customers and staff. Interior is 1486 sqft and the lot size is about 3000sqft. Location Highlights: Situated next to a busy shopping center, the property benefits from constant foot traffic and proximity to a high-density commercial area.
The dry cleaner business is also for sale, asking $150,000. Buyers have the option to acquire the business and building together. The well-established dry cleaning business has Few competitors in the area and it comes fully equipped with a loyal customer base, state-of-the-art machinery, and an excellent reputation for quality service.
The dry cleaner business is also for sale, asking $150,000. Buyers have the option to acquire the business and building together. The well-established dry cleaning business has Few competitors in the area and it comes fully equipped with a loyal customer base, state-of-the-art machinery, and an excellent reputation for quality service.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,486 SF
Year Built
1957
Price
$750,000
Price Per SF
$505
Cap Rate
7%
NOI
$52,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.49
Land Acres
0.07 AC
Parking
4.71 Spaces per 1,000 SF Leased
Frontage
31 FT on Guy R Brewer Blvd
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- 21st Century Dry Cleaning
- Services
- 1,486 SF
- -
- Triple Net
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
21st Century Dry Cleaning | Services | 1,486 SF | - | Triple Net | - |
Walk Score ®
Very Walkable (81)
Transit Score ®
Excellent Transit (70)
PROPERTY TAXES
Parcel Number | 12276-0059 | Improvements Assessment | $105,899 |
Land Assessment | $69,750 | Total Assessment | $175,649 |
PROPERTY TAXES
Parcel Number
12276-0059
Land Assessment
$69,750
Improvements Assessment
$105,899
Total Assessment
$175,649
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12902 Guy R Brewer Blvd
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