800 Forest Ave - Bank FOR SALE
Staten Island, NY 10310 |
800 Forest Ave
Staten Island, NY 10310
HIGHLIGHTS
- New 10-year net lease with rare 3% annual rent increases and minimal landlord responsibilities
- Wonder, the parent company of GrubHub, aims to revolutionize dining by offering arrays of cuisine from well-known chefs and restaurants, all in one
- Wonder’s new take-out and delivery concept is expanding rapidly - 38 locations currently open in six states, and plans for 90 locations end of 2025
- Wonder Group, Inc., founded by Marc Lore (Jet.com; Walmart), acquired Grubhub, Blue Apron, and Tastemade over the last three years for more than $840M
- Rare New York City single tenant net lease investment on a busy commercial corridor with parking on site and strong surrounding population density
- Hard corner location on the signalized intersection of Forest Ave and Broadway in West Brighton neighborhood of Staten Island, with 21,000 VPD
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Wonder - Staten Island, New York
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
3600
STORIES
1
YEAR BUILT
1955
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
00300-0049
