Marcus & Millichap retained for 25,744 s/f Brooklyn retail center

Marcus & Millichap Real Estate Investment Services, the nation's largest real estate investment services firm, has retained the exclusive listing for a 25,744 s/f two-story retail center. Branden McLellan and Daniel Mistretta, both investment specialists in the Brooklyn office of Marcus & Millichap, are exclusively representing the seller. Located at 1134 Fulton St., the retail center is situated on the corner of Fulton St. and Franklin Ave. on a 25,744 s/f lot with approximately 37,000 s/f of rentable space. Proposed rezoning will offer the new owner more than 108,000 s/f of space. The property has 200 ft. of frontage on Fulton St. and 198 ft. of frontage on Franklin St. 1134 Fulton St. is across from the Franklin Ave. stop along the A and C subway lines, which provides an easy commute to downtown Manhattan. Currently, there are 15 tenants, of which, two have longer-term leases and the remaining tenants have month-to-month leases in place.