0 Nec Camino Encantada & Camino Venada Rio Rancho, NM 87144
This exceptional 3,500 square foot retail space, located at 1113 Flatbush Avenue in the Lefferts Gardens submarket of North Flatbush, presents a unique leasing opportunity. Situated near the intersection of Clarendon & Cortelyou Roads, this Class B property boasts high visibility and significant foot traffic due to its prominent Flatbush Avenue frontage (approximately 30 feet). The space, currently built out as a beauty spa and in excellent condition, features high ceilings (approximately 11 feet), an open floor plan, and central air conditioning. A significant advantage is the inclusion of approximately 3,000 square feet of basement space ideal for storage. The property is conveniently located near the 2, 5, and Q train stations, ensuring easy accessibility for customers and employees. The area is experiencing growth with multiple new residential developments, further enhancing the potential for high traffic and visibility. This space is perfect for a variety of uses, including medical, fitness, or other retail businesses. Venting and food preparation are permitted. The minimum divisible space is 3,500 square feet, and the maximum contiguous space available is also 3,500 square feet. The building has a total of two suites. This is the only space of this size currently available for lease in the immediate vicinity. Excellent signage opportunities are also available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.