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1111 Pennsylvania Ave Brooklyn, NY 11207

  • Retail properties
  • 9,836 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • FedEx OnSite / Mailing Service
  • Domino's Pizza / Pizza Delivery / Pizza Takeout
  • LibertyX Bitcoin ATM / Atm

Property Details for 1111 Pennsylvania Ave

Property size
9,836 SF
Property type
Retail properties

Description

This exceptional 9,836-square-foot retail space, located at 1111 Pennsylvania Avenue in Kings County, presents a remarkable opportunity for a discerning tenant. Formerly occupied by Walgreens, this single-tenant storefront boasts a highly visible location on Pennsylvania Avenue, situated between Cozine and Flatlands Avenues. The property benefits from its strategic placement within a thriving Brooklyn retail hub, ensuring high foot traffic and excellent brand visibility. Accessibility is unparalleled, with easy access to all major transportation options, making it convenient for both employees and customers. The surrounding area is densely populated with a variety of established businesses, including Planet Fitness, AutoZone, McDonald's, and Papa John's, creating a synergistic retail environment. The asking price is $275,000 per annum on a modified gross lease. The entire space is currently vacant, offering immediate occupancy for a new tenant seeking to establish a strong presence in this dynamic market. This property represents an exceptional investment opportunity for businesses seeking a high-traffic, easily accessible location in a bustling commercial area of Brooklyn. The substantial square footage provides ample space for a wide range of retail concepts. Don't miss this chance to secure a prime retail location in a vibrant and growing neighborhood.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.8866
Latitude
40.654
More about this property
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