14,650 SF Retail Building in Bensonhurst

8222 18th Avenue

Bensonhurst/Bath Beach

Building SF 14,560 SF
Cross Streets 81st & 84th Street
Zoning M1-1
Subways
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Retail 8222 18th Avenue, Bensonhurst/Bath Beach
Dan Marks
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Overview

TerraCRG has been retained to exclusively represent ownership in the sale of the retail building at 8222 18th Avenue in the Bensonhurst neighborhood of Brooklyn.

The one-story retail building is leased by Rite Aid with a current NOI of $309,594, 14,560 SF and zoned M1-1. The current lease expires in June 2020 with one final option to extend for an additional five years.

Attractions

Bensonhurst is an established neighborhood and this particular pocket is both retail heavy and residentially dense. Located just a few blocks from 86th Street, the property is in a prime location for both national and local retailers. The 86th Street retail corridor spans from Bensonhurst north to Bay Ridge, and boasts a plethora of shops, restaurants, fitness centers and more. Nearby national retailers include Santander Bank, CVS Pharmacy, Chase Bank, Benjamin Moore, Outback Steakhouse, Subway, Dunkin Donuts, Starbucks, McDonald’s, Planet Fitness, Foot Locker, Marshalls, Gap, and more. 18th Avenue also provides access to many retailers of the local nature including bakeries, coffee shops, salons, and grocery stores.

Santander Bank
CVS Pharmacy
Chase Bank
Benjamin Moore
Outback Steakhouse
Subway
Dunkin Donuts
Starbucks
McDonald’s
Planet Fitness
Foot Locker
Marshalls
Gap

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