1111 Pennsylvania Ave Brooklyn, NY 11207
- Retail properties
- 9,836 SF
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
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.8866
- Latitude
- 40.654