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Floor & Decor Staten Island 98 Richmond Rd 50,000 SF Retail Building Staten Island, NY 10314 For Sale
Executive Summary
The Property is a single-story 50,000 square foot free-standing retail building with 333 parking spaces. The building features 20’ ceiling heights and 3 loading docks.
101 Richmond Hill Road is 100% leased to Floor & Decor, a specialty retailer for high quality flooring and tile. Floor & Decor spent over $10,000,000 ($200 PSF) on the fit-out of their first Staten Island store.
Floor & Decor signed a 15-year NNN lease starting at an annual rent of $1,750,000 with 10% increases every 5 years and an initial expiration date of January 2040 with four 5-year extension options. Tenant is responsible for everything except for roof and structure.
Property Facts
Amenities
- Monument Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Floor & Decor began in 2000 as a specialty retailer focusing on hard-surface flooring options. The company provides tile, natural stone, hardwood, laminate, and vinyl flooring products. They also offer decorative materials and installation accessories. Serving homeowners, contractors, and commercial clients, Floor & Decor operates numerous large-format warehouse stores nationwide. The business emphasizes extensive inventory and low pricing for its customers. Over the years, they've expanded their market presence through new store openings while maintaining their core flooring specialty.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 02400-0118 | Improvements Assessment | $9,598,950 |
| Land Assessment | $11,032,650 | Total Assessment | $20,631,600 |
Property Taxes
Presented by
Floor & Decor Staten Island | 98 Richmond Rd
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