2370 Steinway St - Storefront Retail/Office FOR SALE
Astoria, NY 11105 |
$3,059,816 USD
332-345-4222
2370 Steinway St
Astoria, NY 11105
HIGHLIGHTS
- Great Site Level Performance | This site boasts extremely strong site-level economics, including EBITDAR coverage and overall sales volume.
- Corporate Guarantee | This lease features a corporate guarantee from Thrive Pet Healthcare.
- E-Commerce & Recession-Resistant Property
- Robust Industry Growth | The global veterinary care market size was estimated at USD 87.3 billion in 2023
OVERVIEW
NNN Pro is pleased to present the exclusive listing for a Thrive Pet Healthcare located at 23-70 Steinway Street, Queens, New York 11105. The site consists of roughly 3300 rentable square feet of building space on an estimated 0.06-acre parcel of land. This Thrive Pet Healthcare is subject to a 10-year Double Net (NN) lease, which commenced 9/1/2022. The current annual rent is $183,589 and has scheduled increases of 2.00% Annually.
FOR SALE DETAILS
PRICE
$3,059,816 USD
PRICE/SF
$927 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Thrive Pet Healthcare
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
ADD'L SUBTYPES
Veterinarian/Kennel
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1930
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.06 AC
LAND SF
2,614 SF
ZONING
R5D
APN/PARCEL ID
00803-0075,00803-0076
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
332-345-4222
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
332-345-4222
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
