Overview

Prendamano Real Estate is pleased to exclusively offer the exceptional opportunity to acquire South Shore Commons Shopping Center, a strong performing center in one of the highest performing demographics in Staten Island.

Investment

South Shore Commons offers the investor a unique value add opportunity, with the ability to lease the remaining vacant spaces to quality tenants while relying on a dependable cash flow from the existing tenant mix. The landlord has completed over $1.5m of market value capital improvements within the last year. This rare offering affords the prospective purchaser the opportunity to own a turnkey retail center in a strong market that is currently Staten Island's MULTI-BILLION DOLLAR unmet demand. This low maintenance masonry center is in excellent condition and is adjacent to Bricktown Commons. When combined, the two busy power centers hold over 800,000 SF of the nations's best retailers. A true regional destination in New Jersey/New York City area.

Property Size

7.708 Acres, 335,781 SF

G.L.A.

155,000 SF+

Unused F.A.R.

180,000 SF+

Year Built/Renovated

2006/2018

Tenants

35