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Wei Li Leases 25000 Sqft Retail Space From Jingang Shan On Northern Boulevard In Flushing

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LEASED
$85

New York

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Retail25,000 SF
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LEASED

Wei Li Leases 25000 Sqft Retail Space From Jingang Shan On Northern Boulevard In Flushing

138 18 Northern Boulevard

See Similar Deals
Retail25,000 SF
Leased
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$85
Total Square Footage:25000 SF
Transaction Type:Lease

The property is located at 138-18 Northern Boulevard, 1FL & Cellar in Flushing and consists of approximately 25,000 square feet of retail space. The asking rent is $85 per square foot. The lease is categorized as a NNN Lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $85/ft
  • Lease Type: NNN Lease
  • Landlord: Jingang Shan
  • Tenant: Wei Li
  • Broker: Barbie Li - B Square Realty
  • Ground Floor Area: 16,228 sqft
  • Cellar Area: 8,733 sqft

Barbie Li's team successfully navigated complex logistics and competition to secure a long-term tenant for this property, which is part of a new development featuring residential units and significant parking facilities. The strategic location offers close proximity to local schools and public transport options.

Players

Li (Barbie) Li
B Square Realty
Li Li
46 deals$83.2M volume(646) 889-9988
BROKER

Details

LEASED
IMAGE: Barbie Li DATE: 04/03/2025 ADDRESS: 138-18 Northern Boulevard, 1FL & Cellar MARKET: Flushing ASSET TYPE: Retail LANDLORD: Jingang Shan TENANT: Wei Li BROKER: Barbie Li (@BarbieLiBroker) - B Square Realty (@BSquareRealty) ASKING RENT: $85/ft ~ SF: 25,000 LEASE TYPE: NNN Lease NOTE FROM BROKER: We’re proud to announce another major win! Barbie Li Team has successfully leased about 25,000 sqft of prime retail space on Northern Blvd in Flushing to a supermarket chain. With 16,228 sqft on the ground floor and 8,733 sqft in the cellar level, this space offers exceptional visibility, wide frontage, and soaring ceiling heights—a perfect match for a high-traffic, high-impact tenant. This property sits in a rare new development featuring hundreds of high-end residential units above, hundreds of basement parking spaces, and immediate proximity to Flushing High School, Main Street, 7 Train, LIRR, and multiple bus lines. From initial marketing to closing the lease, our team navigated complex logistics and fierce competition to secure a strong, long-term anchor tenant. If you’re looking to lease commercial space in a competitive market, we have the in-house marketing team, leasing expertise, and proven strategies to ensure your property gets maximum exposure and results. Contact us today at 646-889-9988 or email [email protected] for a custom marketing plan tailored to your asset.

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Deal Type
Effective Rent (Annual)

$2,436,074.35

Total Lease Value

$24,360,743.54

Net Landlord Cash Flow$2,436,074.35