A prime block 1,664 SF triangle lot housing a gas station and convenience store. The gas station tenant is on a True Triple-Net Lease (NNN) with the landlord having zero financial responsibility. The current rent is $8,359 per month with a 2% annual escalation. Lease ends in 2034 with no extensions after that. Lease also includes a personal guarantee. Highly active site and is the only gas station on Flatbush Avenue for several blocks. Contact agent for additional information.
Listing courtesy of Century 21 MK Realty.