Listing Agency: Solil Management, LLC Show Phone

Listed By: Nicholas Forelli Show Phone

Source: Moodyscre

Added: Oct 16, 2023 Changed: Jul 10 Last Checked: Jul 21 at 6:27AM

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Investment Insights

Based on property information with market context.

This retail space, encompassing 1850 square feet, is situated in a high foot traffic area. The location is in close proximity to the Jamaica Center and the E, J, Z, and F train lines.

Key Highlights

• High foot traffic area
• Close proximity to Jamaica Center
• Easy access to E train

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Gym & Fitness Center Kitchen & Bath Showroom Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

5,630

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Jamaica, NY

$38.62 /SF/Yr

Avg Asking Price

$19.2–$70.34 /SF/Yr

Price Range

6,568 SF

Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space in high-traffic area near Jamaica Center.

Where is this retail space located?

The property is located at 16302-16308 Jamaica Ave Jamaica, NY.

What are key features of this property?

This property features: High foot traffic area; Close proximity to Jamaica Center; Easy access to E train