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Caliber Collision - Staten Island, NY 2550 Richmond Ter 12,888 SF Retail Building Staten Island, NY 10303 $4,788,888 ($371.58/SF) 5.07% Cap Rate
INVESTMENT HIGHLIGHTS
- Staten Island - New York City MSA - Location Provides Excellent Visibility and Urban Accessibility; Part of the Attractive Staten Island Market
- Caliber Collision is the Nation’s Largest Collision Repair Provider, With More Than 1,900 Convenient Locations in 40 States and Growing
- Triple Net Lease Structure With Minimal Landlord Responsibilities, Appealing For Passive Investors
- Long History of Collision Center Tenancy in a Location That Has a High Barrier to Entry; Resulting in the Continuation of Successful Operations
- The Property is Leased Below the Market Rate, Offering the Possibility of Upside in the Future, Thus Making This Opportunity a Safe Investment
- The Location Has a Strong Customer Base and a 4.8-Star Rating From Over 200 Reviews, Indicating Consistent Operational Performance
EXECUTIVE SUMMARY
Sands Investment Group is Pleased to Exclusively Offer For Sale the 12,888 SF Caliber Collision Located at 2550 Richmond Ter in Staten Island, NY. This Deal Includes a Triple Net Lease Structure With Minimal Landlord Responsibilities, Appealing For Passive Investors, Providing For a Secured Investment.
In Cooperation With SIG RE Services NY LLC - Lic. #10991233211 BoR: Andrew Ackerman - Lic. NY #10491210161
In Cooperation With SIG RE Services NY LLC - Lic. #10991233211 BoR: Andrew Ackerman - Lic. NY #10491210161
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
12,888 SF
Building Class
C
Year Built
1931
Price
$4,788,888
Price Per SF
$371.58
Cap Rate
5.07%
NOI
$242,880
Tenancy
Single
Building Height
1 Story
Building FAR
0.99
Lot Size
0.30 AC
Opportunity Zone
Yes
Zoning
M3-1 - mixed use/commercial
Parking
24 Spaces (1.86 Spaces per 1,000 SF Leased)
Frontage
56’ on Richmond Ter
AMENITIES
- Bus Line
- Corner Lot
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Caliber Collision
- Retailer
- 12,888 SF
- $18.01
- Triple Net
- Sep 2029
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Caliber Collision | Retailer | 12,888 SF | $18.01 | Triple Net | Sep 2029 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01150-0041 | Improvements Assessment | $177,300 |
| Land Assessment | $60,750 | Total Assessment | $238,050 |
PROPERTY TAXES
Parcel Number
01150-0041
Land Assessment
$60,750
Improvements Assessment
$177,300
Total Assessment
$238,050
CONTACTS
-
Andrew Adam -
Gary Berwick -
Clayton Coassin -
Bryce Pugh -
Sands Investment Group, NC
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Caliber Collision - Staten Island, NY | 2550 Richmond Ter
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