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The West Shore Retail Plaza 639 Veterans Rd W 6,950 SF 100% Leased Retail Building Staten Island, NY 10309 $3,200,000 ($460.43/SF) 6.23% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully Leased – Strong tenant mix provides stable cash flow
- Block Masonry Construction – Durable low-maintenance exterior
- Dedicated parking lot with 22 parking spots
- Coveted C8-2 zoning
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
High Ceilings and Large Retail Windows – Bright open interiors ideal for retail stores
Originally Built as 5 Retail Units – Separately metered, each with private ADA restrooms
Dedicated parking lot with 22 parking spots
High visibility pylon sign shared with Lowe’s
Block Masonry Construction – Durable low-maintenance exterior
Daily Traffic Count 81,571 cars at West Shore Expressway and Bloomingdale Rd
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
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
High Ceilings and Large Retail Windows – Bright open interiors ideal for retail stores
Originally Built as 5 Retail Units – Separately metered, each with private ADA restrooms
Dedicated parking lot with 22 parking spots
High visibility pylon sign shared with Lowe’s
Block Masonry Construction – Durable low-maintenance exterior
Daily Traffic Count 81,571 cars at West Shore Expressway and Bloomingdale Rd
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
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
6.23%
NOI
$199,357
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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The West Shore Retail Plaza | 639 Veterans Rd W
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