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Seth Richard

Marcus & Millichap
Richard Drinkwater Retail Group
First Vice President Investments
  • 1Active Listings
  • $6,776,000Active Volume
  • 2Under Contract
  • $9,948,500Volume
  • 0Closed Transactions
  • $0Sold Volume

Seth J. Richard joined Marcus & Millichap in 2004. He has helped to develop and shape the team into one of New England’s top retail performers in the brokerage industry. Seth focuses on the analysis, underwriting and, positioning of assets in the marketplace in alignment with cutting edge market information that has proven to yield optimal results. Seth has continually surpassed sales goals year after year, selling over $250 million in commercial real estate this past year alone. Seth is an active Senior Director of the firm’s retail specialty group, the National Retail Group (NRG) as well as the former State Chair of the ICSC Next Generation Division - which organizes networking and educational events for the retail real estate industry.

Licensed in: NY , CT , MA
260 Madison Avenue, 5th Floor New York, NY 10016

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630 Washington Avenue, Kingston, NY , 12401
  • Size SF2,900
  • Built/Renov2003/2008
  • Price/SF$2,337
  • Lease Start11-01-2018
  • Rent/SF$175.24
  • Lease Type Abs NNN
  • Lot/AC2.75
  • Pop 5MI44,317

6,776,000

  • Cap Rate 7.50%
  • NOI $508,200
  • R. Term/Yrs 4.1
  • Guarantor Corp R + T
  • # Units 160
  • Signalized intersection

  • In location for years

  • Near major nationals

  • Strategically located

  • Freeway close

  • Major MSA

  • Absolute NNN

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant QuickChek
  • Guarantor Corp T and Rated
  • #Units 160
  • Moody's/S&P Ba1/ BB+
  • Stock NYSE: MUSA

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