860-982-9290
22 Westmoreland Ave, White Plains, NY for Sale
Warehouse - FOR SALE
1/22
null | Request Cap Rate

22 Westmoreland Ave
White Plains, NY 10606
Downtown White Plains


HIGHLIGHTS

  • Downtown White Plains investment opportunity combining stable in-place income from long-standing, national tenant, Advance Auto Parts.
  • Advance Auto completed an early lease renewal through 2030, demonstrating their commitment to the property as a top-performing location.
  • Below-market in-place rent and no remaining renewal options create a clear path to meaningful mark-to-market upside.
  • Tenant is responsible for roof parking, and building systems, limiting operating costs for a new owner.
  • Freestanding downtown location with dedicated parking and exposure to 10,000+ vehicles daily supports long-term retail demand.
  • Competitive retail submarket offering 5.2% vacancies and stable rent growth, supported by an affluent and growing 5-mile population of over 225,000.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cash-Flowing Advance Auto w/ Recent Renewal

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32

LAND SF

13,939

ZONING

B-3

APN/PARCEL ID

1700-125-082-00001-000-0010

ASK ABOUT THIS PROPERTY

Philip GagnonColliersMore Info
860-982-9290

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

Philip GagnonColliersMore Info
860-982-9290

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