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Jamaica, NY NNN Properties for Sale

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Queens, NY New York City, NY Flushing, NY Brooklyn, NY West Hempstead, NY Floral Park, NY
NNN Retail Center with Dollar Tree
Updated: Apr 12
NNN Retail Center with Dollar Tree

11245 Springfield Blvd, Queens Village, NY 11429

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10,200 sqft
2017‑built retail center in Queens Village fully occupied by three tenants.
Dollar Tree anchor tenant occupies 8,700 SF out of 10,200 SF total.
Dollar Tree NNN lease signed in 2017; lease expires in 2027 with four 5‑year options and 10% escalations.
Pro forma 2022 NOI is $334,807, reflecting a 10% increase scheduled for June 2022.
Additional two retail tenants have 3% annual rent increases.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Jamaica, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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Jamaica, NY Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Jamaica, NY on our real estate platform. These investment opportunities span a total of 10,200 square feet of properties for sale.

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Demographics Overview

Population 797K
Population Growth (5Y) +6.8%
Median Household Income $89,949
College Educated 32.5%

High-Yield Neighborhoods for Investment

Identify Jamaica submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Queens Village - 11428 $3.8M

Taxes & Financing

Tax Rate (average for all types) 9.69%
Property Tax per SF $20.67 per SF
Tax Rate vs County Average 0.84 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Queens County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Queens County

Residential Income

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