1099 Targee St - Medical FOR SALE


Staten Island, NY 10304
$4,650,000 USD
718-200-7799
1099 Targee St, Staten Island, NY for Sale
$4,650,000 USD
Medical - FOR SALE
1/8
null | 8.5% Cap Rate

1099 Targee St
Staten Island, NY 10304


HIGHLIGHTS

  • Fully Leased Medical Building
  • Conveniently Located Right off the Highway and Minutes from VZ Bridge
  • Strong Annual Increases

OVERVIEW

Presenting 1099 Targee Street, a premier medical office building fully leased to a prominent medical group, demonstrating a strong presence since 2020. This distinguished tenant has committed to a remaining lease term of four years, ensuring stable and enduring occupancy. Structured as a triple net lease, this investment offers the simplicity of minimal landlord obligations, presenting an attractive and low maintenance opportunity. Strategically positioned at the busy intersection of Targee Street & Columbus Avenue, the property commands a prominent corner location, enhancing its visibility and accessibility. This medical office building represents a unique opportunity to invest in a property with a secure tenant and a proven track record of stability.

FOR SALE DETAILS

PRICE

$4,650,000 USD

PRICE/SF

$395 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Turn Key NNN 8.5% Cap Investment

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

R2

APN/PARCEL ID

03183-0001

ASK ABOUT THIS PROPERTY

Robert NixonPreRealMore Info
718-200-7799

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Robert NixonPreRealMore Info
718-200-7799

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.