About 118-21 Guy R Brewer Boulevard
Investment Opportunity in Prime Queens Location
Welcome to an exceptional investment opportunity located in the bustling heart of Queens, New York. This property, currently operating as a successful laundromat, presents a lucrative chance to capitalize on the high traffic flow and robust economic activity of this vibrant neighborhood. The 10yr lease with 9 years remaining has a 4% annual rent escalator built in.
Property Highlights:
Prime Location: Situated in a highly sought-after area with excellent visibility and accessibility, this property benefits from its strategic position in a bustling commercial district with heavy foot and vehicular traffic.
Proven Income Stream: The existing laundromat business has established itself as a reliable source of income, catering to the needs of the local community, enjoying consistent patronage and on time rent payments.
Investment Potential: As Queens continues to experience steady growth and development, investing in this property presents the opportunity for long-term appreciation and solid returns on investment.
Infrastructure: The property features up to date infrastructure and utilities necessary for operating a successful business.
Location Benefits:
High Traffic Area: Positioned in a bustling commercial corridor with a diverse mix of active businesses, restaurants, and residential complexes, keeps a steady flow of retail activities throughout the day.
Transportation Hub: Conveniently located near major transportation arteries and public transit options facilitating easy access for both customers and employees.
Thriving Community: Surrounded by a vibrant community with a strong residential base and a steady population, generates sustained demand for essential services and amenities.
Investment Considerations:
Value-Add Potential: Investors have the opportunity to enhance the property's value to maximize rental income and attract a broader customer base.
Stable Cash Flow: With a proven track record of profitability and stability, the property offers a reliable source of passive income for investors seeking steady returns in a prime location.
Market Demand: Queens continues to experience robust demand for commercial real estate, driven by its dynamic economy, cultural diversity, and strategic location within the New York metropolitan area.
Don't miss out on this rare opportunity to invest in a prime commercial property in Queens, NY. If you're looking to expand your investment portfolio, establish a new property ownership venture, or capitalize on the thriving local market, this property has it all.
Please Note: This is a Property Only Investment Sale Only. The laundromat is not for sale.
Schedule a private viewing to explore the potential of this remarkable investment opportunity.
Prime location with excellent exposure and accessibility on a highly trafficked foot and vehicle thoroughfare
1860 Sf retail property currently tenanted with an established laundromat.
Long term lease in effect (at least 9 more years)
Stable, reliable cash flow tenant
Strong residential base and a steady population, generates sustained demand for essential services and amenities.
Jamaica continues to be a highly sought after investible are of Queens