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7000sf Retail Plaza / 6.3 cap / $3.2MM 639 Veterans Rd W 6,950 SF 100% Leased Retail Building Staten Island, NY 10309 $3,200,000 ($460.43/SF) 6.27% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully Leased – Strong tenant mix provides stable cash flow
- Block Masonry Construction – Durable low-maintenance exterior
- Daily Traffic Count 81,571 cars at West Shore Expressway and Bloomingdale Rd
- Dedicated parking lot with 22 parking spots
- Coveted C8-2 zoning
- High Ceilings and Large Windows – Bright open interiors ideal for retail stores
EXECUTIVE SUMMARY
Great investment opportunity! Well-constructed block masonry free-standing retail strip center is located adjacent to a high-traffic Lowe’s Home Improvement store. Built in 2008, this well-maintained property offers strong and stable rental income with minimal management responsibilities.Fully Leased – Strong tenant mix provides stable cash flow. Built as 5 Retail Units, each store is separately metered, with private ADA restrooms. This property presents a turnkey investment opportunity for those seeking strong income with minimal management. The center is located in the desirable and affluent South Shore of Staten Island with nearby
major national retailers such as Lowe’s, Home Depot, Target and BJ’s Wholesale Club.
major national retailers such as Lowe’s, Home Depot, Target and BJ’s Wholesale Club.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,950 SF
Building Class
C
Year Built
2008
Price
$3,200,000
Price Per SF
$460.43
Cap Rate
6.27%
NOI
$200,641
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.32
Lot Size
0.50 AC
Zoning
C8-2 - Permits All Retail Uses including warehousing, pet day care and automotive uses
Parking
22 Spaces (3.17 Spaces per 1,000 SF Leased)
Frontage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Kids Gym
- Arts, Entertainment, and Recreation
- -
- -
-
Lorem Ipsum
-
Jan 0000
- Visions By Victoria Rose Ltd
- Health Care and Social Assistance
- -
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Kids Gym | Arts, Entertainment, and Recreation | - | - | Lorem Ipsum | Jan 0000 | |
| Visions By Victoria Rose Ltd | Health Care and Social Assistance | - | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 07100-0016 | Improvements Assessment | $144,000 |
| Land Assessment | $335,250 | Total Assessment | $479,250 |
PROPERTY TAXES
Parcel Number
07100-0016
Land Assessment
$335,250
Improvements Assessment
$144,000
Total Assessment
$479,250
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7000sf Retail Plaza / 6.3 cap / $3.2MM | 639 Veterans Rd W
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