Multi-Tenant NNN Retail
For Sale
Contact for pricing
102-16 Liberty Avenue, Jamaica, NY 11416
Newly constructed retail center with fitness and smoothie tenants under modified double-net leases.
Property SizeContact for details
Days on Market145
Property Features for 102-16 Liberty Avenue
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Corner Location
Yes
Anchor Co-Tenants
Blink Fitness
Traffic Count
18,000 vehicles/day
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
SAB Capital
Listed By:
Preet Sabharwal · License #NY 10401215775
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 12:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SAB Capital
Investment Insights
Based on property information with market context.
Liberty Square is a newly constructed, multi-tenant retail property anchored by Blink Fitness. The fitness operator occupies 15,500 square feet across 8,000 square feet on the ground floor and the full 7,500-square-foot basement. Avanzar Smoothie and Juice Bar occupy additional space under modified double-net lease agreements. Blink’s lease has more than 14 years remaining and includes 12 percent rent increases every five years, while the Avanzar lease provides annual increases during its 10-year base term.
The property occupies a hard corner at Liberty Avenue and 103rd Street in Ozone Park, Queens, with reported traffic exceeding 18,000 vehicles per day. The site is nearly a quarter acre and includes 9,500 square feet of air rights. The 104th Street–Oxford Avenue A-Line Station is less than one-tenth of a mile west, with service to Brooklyn and Manhattan. The property is also within one mile of Resorts World Casino at Aqueduct Racetrack and less than five miles from John F. Kennedy International Airport.
The property occupies a hard corner at Liberty Avenue and 103rd Street in Ozone Park, Queens, with reported traffic exceeding 18,000 vehicles per day. The site is nearly a quarter acre and includes 9,500 square feet of air rights. The 104th Street–Oxford Avenue A-Line Station is less than one-tenth of a mile west, with service to Brooklyn and Manhattan. The property is also within one mile of Resorts World Casino at Aqueduct Racetrack and less than five miles from John F. Kennedy International Airport.
Key Highlights
- 15,500 SF occupied by Blink Fitness across ground‑floor and basement space
- More than 14 years remaining on Blink’s original 15‑year modified doublenet (NN) lease
- 12 percent rent increases every five years under the Blink lease
Property Analytics
Property Profile
Current Use
Lease Details
18,000 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,672
Businesses Nearby
136k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Dining 35%
Groceries 14%
Electronics 4%
Golden Farms
Groceries
19,299 visits/mo
0.1 miles
BP
Shops & Services
19,220 visits/mo
0.3 miles
Chase Bank
Shops & Services
17,351 visits/mo
0.1 miles
Burger King
Dining
12,433 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
11,640 visits/mo
0.3 miles
Demographics for 11416, NY
28,381
Population
8,047
Households
3.5
Avg Household Size
35
Median Age
25%
College-Educated
78%
High-School Grad
0.7 sq mi
ZIP Area
40,544
Density / Sq Mi
$85,544
Median Household Income
$43,899
Median Earnings
$1,964
Median Rent
$733,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
NNN property - Newly constructed retail center with fitness and smoothie tenants under modified double-net leases.
Where is this nnn property located?
The property is located at 102-16 Liberty Avenue Jamaica, NY.
What are key features of this property?
This property features: 15,500 SF occupied by Blink Fitness across ground‑floor and basement space; More than 14 years remaining on Blink’s original 15‑year modified doublenet (NN) lease; 12 percent rent increases every five years under the Blink lease
