107 Fairview Pk Dr - Warehouse FOR SALE


Elmsford, NY 10523
$3,983,969 USD
404-635-8859
107 Fairview Pk Dr, Elmsford, NY for Sale
$3,983,969 USD
Warehouse - FOR SALE
1/4
null | 6.5% Cap Rate

107 Fairview Pk Dr
Elmsford, NY 10523


HIGHLIGHTS

  • FedEx Ground leasehold opportunity in Elmsford, NY
  • 15,600 SF facility on 1.05 acres in Westchester County
  • Nearly 5 years of base term remaining plus one 10-year option
  • Investment-grade corporate parent: FedEx Corporation
  • Below-market rent with adjacent FedEx facility synergies
  • Approx. 36 years of ground lease control with minimal annual ground rent

OVERVIEW

FedEx Ground leasehold opportunity in Elmsford, New York, consisting of 15,600 square feet on 1.05 acres within Westchester County’s I-287 industrial corridor. The property serves as a spillover facility for adjacent FedEx operations and offers nearly five years of base term remaining, one 10-year option, a landlord-favorable lease structure, minimal annual ground rent, approximately 36 years of remaining ground lease control and recent plus planned property improvements in a supply-constrained New York metro industrial market.

FOR SALE DETAILS

PRICE

$3,983,969 USD

PRICE/SF

$277 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FedEx Ground

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

UTILITIES

Gas - Natural, Water - City, Sewer - City

CLEAR CEILING HT

13 Ft

DOCKS

6

DRIVE INS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.05

LAND SF

45,738

ZONING

PD

APN/PARCEL ID

2689-007-110-00014-000-0002

ASK ABOUT THIS PROPERTY

Jason PowellNorthmarqMore Info
404-635-8859

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Jason PowellNorthmarqMore Info
404-635-8859

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