$7,500,000
FLAGSHIP JD SPORTS
GLOBAL CREDIT TENANT | 10-YEAR CORPORATE LEASE
1645 PITKIN AVENUE BROOKLYN, NY
A flagship single-tenant retail asset leased to JD Sports, a FTSE 100 global brand generating over $15B annually.
The long-term Corporate Modified Gross Lease offers stable, predictable income in one of Brooklyn’s most active retail corridors.
- Single-tenant retail investment with corporate credit
- 10,400 SF along the Pitkin Avenue retail corridor
- Tenant: JD Sports / Finish Line (corporate guarantee)
- Long-term lease through 2032 with renewal options
- In-place NOI: $499,185
- Offered at a 6.66% cap rate