3372 Old Crompond Rd - Restaurant FOR SALE


Yorktown Heights, NY 10598
$4,031,420 USD
214-466-2748
3372 Old Crompond Rd, Yorktown Heights, NY for Sale
$4,031,420 USD
Restaurant - FOR SALE
1/2
null | 6.75% Cap Rate

3372 Old Crompond Rd
Yorktown Heights, NY 10598


HIGHLIGHTS

  • Attractive Pricing and Yield – Offered at $4,031,420, representing a 6.75% cap rate, delivering strong in-place cash flow
  • Secure Lease Structure – Triple-net lease in place through 2030 with 3% annual rent escalations and a 5-year renewal option
  • Modern Construction – Constructed in 2017, the ±9,000 SF masonry building occupies a ±1.76 AC site with low ±11.74% site coverage
  • National Credit Strength – Tenant is Hajoca Corporation, one of the largest plumbing distributors in the U.S., operating 450+ locations nationwide.
  • Trusted Local Brand – Locally operating as Best Plumbing, Tile & Stone, the tenant is the top-ranked plumbing fixtures and supplies retailer
  • Diverse Customer Base – Services both residential and trade customers through a high-end show room, professional design consultation

OVERVIEW

Broker of Record Cory Rosenthal License # 10991237833 (NY) Matthews Real Estate Investment Services 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$4,031,420 USD

PRICE/SF

$448 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hajoca

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

11,025 SF

ZONING

R-3

APN/PARCEL ID

5400-026-018-00001-000-0009

ASK ABOUT THIS PROPERTY

Daniel MurphyMatthews Real Estate Investment ServicesMore Info
214-466-2748

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Daniel MurphyMatthews Real Estate Investment ServicesMore Info
214-466-2748

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