78 N Route 303 - Freestanding FOR SALE


West Nyack, NY 10994
$1,825,000 USD
201-707-0019
78 N Route 303, West Nyack, NY for Sale
$1,825,000 USD
Freestanding - FOR SALE
1/8
null | Request Cap Rate

Jun '29


78 N Route 303
West Nyack, NY 10994


HIGHLIGHTS

  • In-place cash flow from Herc Rentals through June 27, 2029 with a clear mark-to-market re-leasing opportunity.
  • Outstanding visibility, frontage, and signage along one of Rockland County’s most heavily trafficked roadways.
  • ±0.919 acres in a supply-constrained West Nyack submarket with long-term value protection.
  • Current rents positioned below market, supporting meaningful income growth at rollover.
  • Immediate access to NYC, I-287, Palisades Parkway, and NYS Thruway.

OVERVIEW

78 North Route 303 offers a textbook value-add opportunity along one of Rockland County’s most heavily trafficked commercial corridors. The property sits on ±0.919 acres and is improved with an 5,765 SF freestanding building featuring exceptional frontage, visibility, and signage on Route 303. The asset is fully leased to Herc Rentals through June 27, 2029, providing durable in-place income while investors underwrite a clear path to substantial rent growth at lease expiration. Current rents are below market, creating an opportunity to re-lease at materially higher rates, reposition the asset, or attract a higher-credit tenant. Beyond re-leasing upside, the site functions as a covered land investment with nearly one acre in a prime West Nyack location. Zoned RS, the property presents long-term redevelopment potential for buyers seeking optionality in a supply-constrained market. The parcel benefits from direct access to NYC and major regional arteries, including the Palisades Interstate Parkway, I-287, and the New York State Thruway. With multiple value-creation strategies, a nationally recognized tenant in place, and irreplaceable corridor exposure, 78 North Route 303 is a rare chance to acquire income today with the ability to unlock meaningful upside in a top Rockland County submarket.

FOR SALE DETAILS

PRICE

$1,825,000 USD

PRICE/SF

$317 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Harbourside Grille

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

72

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

RS

APN/PARCEL ID

392089-065-006-0001-030-000-0000

ASK ABOUT THIS PROPERTY

Jon CohenSkyline Real Estate PartnersMore Info
201-707-0019

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Jon CohenSkyline Real Estate PartnersMore Info
201-707-0019

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