Your email has been sent.
100% Occupied - 4 Tenant Retail Strip 1146-1150 Liberty Ave 5,529 SF 100% Leased Retail Building Brooklyn, NY 11208 $5,950,104 CAD ($1,076.16 CAD/SF) 6.15% Cap Rate
Executive Summary
Guac Grill recently signed a brand new 10 year lease running through January 2036. The lease features a 6% increase in the first year followed by 3% annual increases, along with one five year renewal option.
Brooklyn Halal Grill has operated at this location since 2017 and has a lease in place through December 2026. The tenant reimburses 25% of real estate taxes above a 2015/2016 base year, with current reimbursements totaling $8,541.
The pizza tenant recently signed a brand new 10 year lease running through April 2035 with 3% annual increases and one five year renewal option. The tenant also reimburses 25% of real estate taxes above a 2025/2026 base year.
The convenience store has a lease in place through May 2029 with 3% annual increases.
The site is surrounded by a strong mix of national and local retailers including Foot Locker, T Mobile, GameStop, Dunkin Donuts, Burger King, C Town Supermarkets, and Chase Bank. This is an opportunity to acquire a fully leased corner retail asset with diversified tenancy, contractual rent growth, and strong in place cash flow in a dense Brooklyn retail corridor.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$459,050
|
$105.29
|
| Other Income |
$33,494
|
$7.68
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$492,544
|
$112.97
|
| Taxes |
$87,245
|
$20.01
|
| Operating Expenses |
$39,156
|
$8.98
|
| Total Expenses |
$126,401
|
$28.99
|
| Net Operating Income |
$366,143
|
$83.98
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $459,050 |
| Annual Per SF | $105.29 |
| Other Income (CAD) | |
|---|---|
| Annual | $33,494 |
| Annual Per SF | $7.68 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $492,544 |
| Annual Per SF | $112.97 |
| Taxes (CAD) | |
|---|---|
| Annual | $87,245 |
| Annual Per SF | $20.01 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $39,156 |
| Annual Per SF | $8.98 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $126,401 |
| Annual Per SF | $28.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $366,143 |
| Annual Per SF | $83.98 |
Property Facts
Amenities
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Bestguyz Smoke Shop
- Retailer
- -
- $88.85 CAD
- -
- Jul 2027
- BHS Communications, Inc.
- Information
- -
- -
- -
- -
- Blue Skyview Enterprise Inc
- Retailer
- -
- -
- -
- -
- Eyebrow Shape Beauty Salon
- Services
- -
- -
- -
- -
- La Mina De Oro
- Retailer
- -
- -
- -
- -
- SPS Liberty Inc
- Retailer
- -
- -
- -
- -
-
- Information
- -
- $164.03 CAD
- Modified Gross
- Mar 2026
Total Wireless is a U.S. wireless dealer and retail brand offering prepaid mobile phone plans, devices, SIM activations, and accessories through independently operated storefronts. Although the national MVNO once known as Total Wireless transitioned to the Total by Verizon brand, the “Total Wireless” retail identity continues to operate through authorized dealers, most prominently in California and Florida. These stores provide prepaid wireless activations, device sales, repairs, and customer-support services while operating on Verizon’s nationwide network. Corporate directory listings associate the brand with multiple small-business operator hubs, including locations in Los Angeles and Medley, Florida. Public filings and business intelligence platforms indicate that Total Wireless functions as a small retail organization with distributed franchise-style operations, typically employing fewer than 50 individuals at the corporate-administrative level.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Bestguyz Smoke Shop | Retailer | - | $88.85 CAD | - | Jul 2027 | |
| BHS Communications, Inc. | Information | - | - | - | - | |
| Blue Skyview Enterprise Inc | Retailer | - | - | - | - | |
| Eyebrow Shape Beauty Salon | Services | - | - | - | - | |
| La Mina De Oro | Retailer | - | - | - | - | |
| SPS Liberty Inc | Retailer | - | - | - | - | |
|
|
Information | - | $164.03 CAD | Modified Gross | Mar 2026 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Currently Halal Grill. Vented with gas. Turn key. No key money. 400 sf basement included
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,000 SF | Restaurant | In-Line | Now |
1st Floor
| Size |
| 1,000 SF |
| Space Use |
| Restaurant |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size | 1,000 SF |
| Space Use | Restaurant |
| Position | In-Line |
| Available | Now |
Currently Halal Grill. Vented with gas. Turn key. No key money. 400 sf basement included
Nearby Major Retailers
Property Taxes
| Parcel Number | 04203-0016 | Total Assessment | $955,901 CAD |
| Land Assessment | $107,031 CAD | Annual Taxes | $87,245 CAD ($15.78 CAD/SF) |
| Improvements Assessment | $848,870 CAD | Tax Year | 2025 |
Property Taxes
Presented by
100% Occupied - 4 Tenant Retail Strip | 1146-1150 Liberty Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.