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481 Kings Hwy 1,591 - 5,106 SF of Retail Space Available in Brooklyn, NY 11223
HIGHLIGHTS
- Strategically Located: Situated at the busy intersection of Kings Highway and McDonald Avenue, ensuring maximum exposure.
- High Traffic Area: Benefits from both pedestrian and vehicular traffic, ideal for retail businesses seeking visibility.
- Great Accessibility: Convenient access to public transportation, with bus routes and subway services nearby.
- Multiple Units Available: Three retail spaces offering flexibility in use and layout.
- Starbucks Co-Tenancy: Shares the location with Starbucks, drawing a consistent and diverse customer base.
- Dynamic Neighborhood: Surrounded by a vibrant mix of shops, services, and residential areas, providing a steady stream of local and visitor traffic.
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste A | 1,915 SF | 11’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste B | 1,600 SF | 11’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste C | 1,591 SF | 11’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste A
Shell space
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Finished Ceilings: 11’
1st Floor, Ste B
Shell Space
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Finished Ceilings: 11’
1st Floor, Ste C
Shell space
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Finished Ceilings: 11’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 481 KINGS HWY, BROOKLYN, NY 11223
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Starbucks
- Accommodation and Food Services
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Starbucks | Accommodation and Food Services | - | - |
PROPERTY FACTS
| Total Space Available | 5,106 SF | Gross Leasable Area | 7,640 SF |
| Property Type | Retail | Year Built | 1951 |
| Property Subtype | Storefront |
| Total Space Available | 5,106 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 7,640 SF |
| Year Built | 1951 |
ABOUT THE PROPERTY
Exceptional Retail Opportunity at the Corner of Kings Highway & McDonald Avenue Position your business at the heart of Brooklyn's retail landscape with this prime real estate offering at 481 Kings Highway. This corner property boasts three distinct retail units, providing versatile options for businesses aiming to capitalize on robust pedestrian and vehicular traffic. Property Highlights: Triple Retail Units: Choose from three available spaces or combine them for a larger footprint in a high-demand area. Premium Corner Location: Maximize exposure on the intersection of Kings Highway and McDonald Avenue, two of Brooklyn’s busiest thoroughfares. High Visibility: Benefit from the natural foot traffic and the visibility that comes with a corner lot adjacent to high-profile brands. Starbucks as a Co-Tenant: Leverage the built-in customer base of Starbucks, which attracts a steady stream of coffee enthusiasts throughout the day. Dynamic Area: Surrounded by a mix of residential and commercial properties, this location offers a diverse demographic and steady customer base. Accessibility: Easily accessible by public transportation, with bus stops nearby and the subway a short walk away, enhancing customer convenience and employee commute. Ideal for any retailer looking to expand or establish a new presence, 481 Kings Highway offers an outstanding blend of visibility, accessibility, and flexibility. Join Starbucks and other local businesses in a location that promises continuous customer engagement and growth potential.
- 24 Hour Access
- Bus Line
- Metro/Subway
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
