1227 Forest Ave - Freestanding FOR SALE
Staten Island, NY 10310 |
1227 Forest Ave
Staten Island, NY 10310
HIGHLIGHTS
- Strong Investment Grade Credit Tenant – Rent is guaranteed by Walgreens Corporate, boasting an S&P credit rating of BBB+
- Dense Housing Community Retail Corridor – Located in a very dense housing corridor in Staten Island, NY with ±500,000 people in a 5-mile radius
- Accessible and Heavily Trafficked – This site is situated on a signalized corner off of Forest Ave. and Jewett Ave. in the heart of Staten Island
- Store Sales Available – Location is a high-performing asset with consistently strong reported annual financials
- Passive Leasehold Interest – 7 years remaining on the base term w/ Five (5), Five (5) – Year Options
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
8598
STORIES
1
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
00238-0207
