Whole Foods Market Signs 15-Year Lease For 10,000 Square Feet At 1224 Flushing Avenue Brooklyn
1224 Flushing Avenue
$130
$130/SF
Building Size
10,000 SF
Asset Type
Retail
Closing
Jun 8, 2026
AI
The retail asset located at 1224 Flushing Avenue is situated in the Brooklyn market, featuring an expansive area of 10,000 square feet. The total asking rent for this property is set at $130 per square foot, with a lease agreement spanning 15 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $130/ft.
- Lease Term: 15 years
- Landlord: David Moore
- Tenant: Jason Buechel - Whole Foods Market
- Brokers: Manu Wendum & Marisa Simkin - Retail By Mona
This transaction marks Whole Foods Market's commitment to expanding its small-format “bodega-style” concept in Brooklyn. The store will be located near the Jefferson Avenue L train stop, which is a strategic position for accessibility.
Players
Flushing Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
122023.08%
Cash-on-Cash
-34874.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93