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Floor & Decor Staten Island 98 Richmond Rd 50,000 SF Retail Building Staten Island, NY 10314 For Sale

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Investment Highlights

Investment NNN sale offering long-term passive income.
Stable neighborhood demand supports durable tenancy performance.
Walkable connection to Grant City Staten Island Railway station.

Positioned in a high-traffic Grant City commercial corridor.
C4-1 zoning provides future optionality for redevelopment.
Located in a supply-constrained market with strong retail fundamentals.

Executive Summary

98 Richmond Rd in Staten Island is now positioned as a stabilized investment opportunity offered as an NNN sale, allowing investors to acquire a property with minimal landlord responsibilities while capturing long-term predictable cash flow. The asset’s location within the Grant City commercial corridor enhances its durability as a neighborhood-serving retail destination, supported by consistent consumer traffic, strong residential density, and proximity to transit connections such as the nearby Grant City Staten Island Railway station. As an NNN investment, the property allows passive ownership appeal, making it suitable for both institutional and private buyers seeking a reliable income stream paired with embedded land value in a highly supply-constrained borough. The C4-1 zoning framework further strengthens its long-term viability, accommodating a broad range of commercial uses and enabling value-add or redevelopment options as the area continues its steady growth trajectory. With limited large-format commercial holdings trading in this submarket, the offering represents a compelling opportunity to secure a stable, low-maintenance investment in one of Staten Island’s most well-established retail corridors.

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Freestanding

Building Size

50,000 SF

Building Class

Year Built/Renovated

1975/2025

Tenancy

Single

Building Height

1 Story

Building FAR

0.12

Lot Size

9.38 AC

Zoning

C4-1 - Regional Commercial Center Located outside of the Central Business Districts.

Parking

333 Spaces (6.66 Spaces per 1,000 SF Leased)

Frontage

239’ on Ring Rd.

Monument Signage

Air Conditioning

Major Tenants

Retailer
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Floor & Decor is a leading specialty retailer and commercial flooring distributor of hard-surface flooring, offering what they believe to be the industry’s broadest in-stock selection of tile, wood, laminate, vinyl, and natural stone flooring. In addition, Floor & Decor stocks the necessary tools, decorative materials and related accessories for one-stop shopping for hard-surface flooring projects. Floor & Decor sources directly from manufacturers around the globe to bring the world’s best and most-innovative flooring to its customers, at everyday low prices. Its large, warehouse-format stores typically stock many products. The company was founded in 2000 and is headquartered in Atlanta, Ga.