This Retail Property is no longer advertised on LoopNet.com.

1144-1148 Utica Ave
Brooklyn, NY 11203
Bolla Market W/ Burger King & Mobil · Retail Property For Sale

Investment Highlights

  • Rare Opportunity to Acquire Hard Corner Parcel in New York's MostPopulous Borough (Trophy Asset) - Consistent High Land Value
  • Absolute NNN Ground Lease - Zero Landlord Responsibility
  • The Lease Features 10% Rental Increases Every 5 Years - Assist as aHedge Against Inflation
  • Recession-Proof Business - Includes the Diversity of ConvenienceStore, Gas and Fast Food Restaurant
  • Brand New 20-Year Lease - Rent Commenced January 2021
  • Corporate Guaranteed By Bolla Market - A Strong 215+ UnitOperator in the Tri-State Area with More Than 32 Years ofExperience

Property Facts

Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,600 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.32 AC
Zoning
C8-1 - Commercial
Parking
15 Spaces (5.77 Spaces per 1,000 SF Leased)
Frontage
90’ on Clarendon Road

Property Taxes

Property Taxes

Parcel Number
04760-0030
Land Assessment
$315,000
Improvements Assessment
$621,900
Total Assessment
$936,900
  • Listing ID: 24641024

  • Date on Market: 12/10/2021

  • Last Updated:

  • Address: 1144-1148 Utica Ave, Brooklyn, NY 11203

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