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.