1161 Victory Blvd, Staten Island, NY

Listing office STREAM Capital Partners Show Phone

Listing date Oct 7, 2024

Source Moodyscre

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Overview

This retail property features a corner location with high visibility. The property benefits from its location at the intersection of Clove Road and Victory Boulevard, with a combined traffic count of 31,874 vehicles per day. It also offers immediate access to I-278 (Staten Island Expressway), which sees 162,000 vehicles per day one mile to the south. The property is currently occupied by Richmond University Medical Center (RUMC), a healthcare facility and teaching institution with over 470 beds. RUMC has over 2,600 employees and is affiliated with the Icahn School of Medicine and the Mount Sinai Health System’s network. The property is situated in a location surrounded by national tenants. The tenant is currently paying $36.83 per square foot, a rate that is replaceable and in strong demand for a high profile corner location. The property contains 13,961 square feet.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

• Richmond Health Network — 11 Ralph Pl Suite 317B, Staten Island, NY 10304
• George Drogaris — 1796 Clove Rd, Staten Island, NY 103041672
• Richmond Pharmacy & Surgical — 1796 Clove Rd, Staten Island, NY 10304
• Classic Pharmacy — 1284 Clove Rd, Staten Island, NY 10301

Location Insight

• Map
• Local Demand

City

Staten Island

County

Richmond

State

New York

Longitude

-74.102

Latitude

40.617

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FAQs

What type of property is this?

Drug store - High-profile corner location with strong tenant and upside potential.

Where is this drug store located?

The property is located at 1161 Victory Blvd Staten Island, NY.

What is the asking price?

The asking price for this property is $10,000,000.

What are key features of this property?

This property features: 15 Years Remaining on an Absolute NNN Corporately Guaranteed Walgreens Lease; Extremely Rare **10% Rental Increases Every 5 Years**; Irreplaceable Corner Location with **High Visibility: 31,874 VPD**