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138-42 Jamaica Ave
Jamaica, NY 11435 Downtown Jamaica

Price Upon Request

Restaurant For Sale  •  6,000 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 6,000 SF
  • Lot Size 0.3 AC
  • Building Class B
  • Year Built 1987
  • Tenancy Single
  • Zoning R6A
100 Transit Score
97 Walk Score

Highlights

20-Year Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term Security of Cash Flow
Attractive Rental Increases of 10% Every 5 Years
Tenant Renewal Options: Eight (8) Periods of Five (5) Years, Each Bringing the Potential Lease Term to 55 Years
Strong Franchise Guarantee; 100+ Unit Operator
Premium Frontage on Jamaica Avenue | Jamaica Avenue is a Major Avenue Running Through Brooklyn and Queens
Convenient Location on a Hard Corner of an Intersection

Public Transportation

Commuter RailDriveWalkDistance
Jamaica Station (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Oyster Bay Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 2 min 10 min 0.5 mi
Kew Gardens Station (Babylon Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road) 4 min - 1.3 mi
AirportDriveWalkDistance
John F Kennedy International 10 min - 5.8 mi
LaGuardia 12 min - 6.5 mi
Newark Liberty International 41 min - 26.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes