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16320 Crossbay Blvd
Howard Beach, NY 11414 Howard Beach

Price Upon Request

Supermarket For Sale  •  9,767 SF

Property Details

  • Property Type Supermarket
  • Total Building Size 9,767 SF
  • Lot Size 0.77 AC
  • Building Class B
  • Year Built 2009
  • Tenancy Single
  • Zoning R3-1, R2, C2-2
70 Transit Score
70 Walk Score

Highlights

Key Food is currently subleasing the space from Walgreens.
The current lease contains a corporate guarantee by Walgreens Co.
The original 20-year triple-net (NNN) lease with Walgreens, commenced in October 2008 and expires in 2029.
The current annual rent is $978,880 and is subject to a 12% increase in 2024.
There are two ten-year tenant renewal options.
There is an additional 23,575 buildable square feet.

Major Tenants

Tenant SF Occupied Lease End Date
Key Food 9,767 SF

Public Transportation

Commuter RailDriveWalkDistance
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) 13 min - 5.0 mi
East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 13 min - 5.6 mi
AirportDriveWalkDistance
John F Kennedy International 10 min - 6.0 mi
LaGuardia 21 min - 12.8 mi
Newark Liberty International 46 min - 23.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 42
Type: Surface
Included in Rent: Yes