3372 Old Crompond Rd - Restaurant FOR SALE
Yorktown Heights, NY 10598 |
$3,887,428 USD
310-779-7503
3372 Old Crompond Rd
Yorktown Heights, NY 10598
HIGHLIGHTS
- Attractive Pricing And Yield – Offered at $3,887,428, representing a 7.21% cap rate, delivering strong in-place cash flow backed by a national credit
- 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
FOR SALE DETAILS
PRICE
$3,887,428 USD
PRICE/SF
$432 USD /SF
CAP RATE
7.21%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
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
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310-779-7503
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310-779-7503
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