1402-1404 Rockaway Pkwy
PSF: $855 | CAP: 8.01% | Absolute NNN | Price: $6,800,000
Investment Highlights
7,950 SF Single-Story Retail that is 100% leased through 2028 to Walgreens Corp
Absolute NNN Lease (Zero Landlord Responsibilities)
2008 Construction
10% Rent Increase in 2023 – Brings the CAP to 7.5%
Dark Store (Subleased to Dollar Deals) – Full Corporate Guaranty from Walgreens
For More Information Contact:
Scott Plasky
Tel: (212) 430-5229
Alex Arustamian
Tel: (212) 430-5276