933-939 Richmond Avenue
Staten Island, NY 10314 / Graniteville

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Details for 933-939 Richmond Avenue, Staten Island NY 10314

Presenting an exceptional investment opportunity at a prestigious Triple A location.933-939 Richmond Ave is situated at the bustling intersection of Richmond Avenue and Forest Avenue. This prime commercial property is anchored by the popular IHOP restaurant, ensuring a steady flow of foot traffic and visibility. This property represents a rare opportunity to acquire a high-performing commercial asset in a premier location. With established leases and minimal landlord obligations, it promises both stability and profitability for investors.Key Features: Anchor Tenant: IHOP, a renowned and reliable tenant, drawing consistent customer visits. Triple Net Leases (NNN): All current leases are triple net, providing the owner with minimal management responsibilities as tenants cover property taxes, insurance, and maintenance costs. High Visibility: Situated on a highly trafficked location, this asset benefits from maximum exposure to passing vehicles and pedestrians. Ample Parking: The property boasts a spacious parking lot with 36 parking spaces, accommodating customer and tenant needs comfortably. Strong Financials: Generates a solid Net Operating Income (NOI) exceeding $400,000 annually, reflecting its status as an investment.