Vacant-User
Walgreens (Dark)-Staten Island, NY
2191 Richmond Ave, Staten Island, NY 10314
Listing Price: $8,600,000
Investment Overview
The subject offering is a 7,264 SF retail property located on the corner of Richmond Avenue and Travis Avenue in Staten Island, NY. The property is on an absolute NNN lease with Walgreens through September 2034. This is a zero-management retail asset resting on a 20,090 SF lot with parking for 20 cars.
The building was constructed brand-new in 2009. There is a lower level of 4,200 SF (11,464 total rentable SF) which is used for storage. This is a dark Walgreens location, with the space currently subleased to Noble Furniture, which has been a fixture on Richmond Avenue for over 20+ years.
The site is located on Richmond Avenue, the most heavily traveled retail corridor on Staten Island. The site is surrounded in all directions by major credit tenants. The property is directly down the street from the Staten Island Mall (1.74M SF, the largest retail shopping center in New York City). Almost every major retailer has a presence on Richmond Avenue. In addition to the mall, the site is surrounded by tenants such as Trader Joe’s, CVS, Dick’s, Staples, Costco and CVS.
Walgreens has just under 10 years remaining on a 25-year absolute NNN lease with ten (5) five-year options to renew.
Walgreens (Dark)-Staten Island, NY
Investment Highlights
- 7,264 SF single-story retail property located on the corner of Richmond Avenue and Travis Avenue in Staten Island. The property rests on a 20,090 SF lot with a 20-car parking lot.
- The property has just under ten years remaining on an absolute NNN (zero management) lease with Walgreens. This is a corporate guaranteed lease that runs through 2034. This is a dark location.
- This is prime real estate on Richmond Avenue The site is surrounded by major national retailers in every direction, and it benefits from traffic counts in excess of 47K vehicles per day.
Exclusively Listed By
Listing Price: $8,600,000
Investment Highlights
- 7,264 SF single-story retail property located on the corner of Richmond Avenue and Travis Avenue in Staten Island. The property rests on a 20,090 SF lot with a 20-car parking lot.
- The property has just under ten years remaining on an absolute NNN (zero management) lease with Walgreens. This is a corporate guaranteed lease that runs through 2034. This is a dark location.
- This is prime real estate on Richmond Avenue The site is surrounded by major national retailers in every direction, and it benefits from traffic counts in excess of 47K vehicles per day.
Investment Overview
The subject offering is a 7,264 SF retail property located on the corner of Richmond Avenue and Travis Avenue in Staten Island, NY. The property is on an absolute NNN lease with Walgreens through September 2034. This is a zero-management retail asset resting on a 20,090 SF lot with parking for 20 cars. The building was constructed brand-new in 2009. There is a lower level of 4,200 SF (11,464 total rentable SF) which is used for storage. This is a dark Walgreens location, with the space currently subleased to Noble Furniture, which has been a fixture on Richmond Avenue for over 20+ years. The site is located on Richmond Avenue, the most heavily traveled retail corridor on Staten Island. The site is surrounded in all directions by major credit tenants. The property is directly down the street from the Staten Island Mall (1.74M SF, the largest retail shopping center in New York City). Almost every major retailer has a presence on Richmond Avenue. In addition to the mall, the site is surrounded by tenants such as Trader Joe’s, CVS, Dick’s, Staples, Costco and CVS. Walgreens has just under 10 years remaining on a 25-year absolute NNN lease with ten (5) five-year options to renew.
Exclusively Listed By
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