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2550 Richmond Ter
Staten Island, NY 10303

$5,188,000 USD

Auto Repair For Sale  •  12,888 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 12,888 SF
  • Lot Size 0.27 AC
  • Building Class C
  • Year Built 1931
  • Cap Rate 4.68 %
  • Tenancy Single
  • Zoning M3-1
61 Transit Score
59 Walk Score

Highlights

Staten Island - New York City MSA - Location Provides Excellent Visibility and Urban Accessibility; Part of the Attractive Staten Island Market
Long History of Collision Center Tenancy in a Location That Has a High Barrier to Entry; Resulting in the Continuation of Successful Operations
Caliber Collision is the Nation’s Largest Collision Repair Provider, With More Than 1,700 Convenient Locations in 40 States and Growing
The Property is Leased Below the Market Rate, Offering the Possibility of Upside in the Future, Thus Making This Opportunity a Safe Investment
Triple Net Lease Structure With Minimal Landlord Responsibilities, Appealing For Passive Investors
The Location Has a Strong Customer Base and a 4.8-Star Rating From Over 200 Reviews, Indicating Consistent Operational Performance
Cap Rate: 4.68 %

Major Tenants

Tenant SF Occupied Lease End Date
Caliber Collision 12,888 SF 9/30/2029

Amenities

  • Bus Line
  • Corner Lot
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Stapleton (Staten Island Railway - New York MTA Subway (The Subway)) 12 min - 4.5 mi
Tompkinsville (Staten Island Railway - New York MTA Subway (The Subway)) 12 min - 5.0 mi
AirportDriveWalkDistance
Newark Liberty International 18 min - 11.2 mi
Laguardia 43 min - 26.2 mi
John F Kennedy International 43 min - 28.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Andrew Adam 704-228-1708 Sands Investment Group, NC
Andrew Adam 704-228-1708 Sands Investment Group, NC