8 Industrial Ln - Auto Dealership FOR SALE


New Rochelle, NY 10805- Downtown New Rochelle
$5,800,000 USD
203-810-4031
8 Industrial Ln, New Rochelle, NY for Sale
$5,800,000 USD
Auto Dealership - FOR SALE
1/19
null | Request Cap Rate

8 Industrial Ln
New Rochelle, NY 10805
Downtown New Rochelle


HIGHLIGHTS

  • PRIME RETAIL LOCATION – Between Costco and Home Depot
  • RIGHT OFF THE HIGHWAY – At the intersection of I-95 and Route 1
  • 29,993sf of total building area – ~22,000sf of ground level retail/showroom space + ~8,000sf of lower level storage (ceiling height 5-10’).
  • SOLAR PANEL ARRAY on New Roof Installed 2019 – Offsetting more than $30K of operating expenses annually.
  • 3 drive-in doors and 1 loading dock
  • JUST 3 MILES FROM NEW YORK CITY

OVERVIEW

Between Costco and Home Depot, at the intersection of I-95 and Home Depot, there is no location more convenient than 8 Industrial Lane! Available for the first time in approximately two decades, 8 Industrial Lane presents a rare opportunity to acquire a freestanding commercial property in one of Westchester County’s most established retail and commercial corridors. The main level has 4,600sf with 16’ ceilings and 16,400sf with 12’ ceilings, two drive-ins and a loading dock. The lower level has 8,000sf with ceiling heights ranging from 5’ to 10’ and a roll up door. A new roof was put on in 2019 with a solar panel array, which offsets more than $30K of operating expenses annually. Exclusive agent: Scott Peterson, Choyce Peterson, Inc. 203-810-4031

FOR SALE DETAILS

PRICE

$5,800,000 USD

PRICE/SF

$193 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

undefined, Freestanding, Garden Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

LSR-1

APN/PARCEL ID

1000-000-002-00550-000-0116

ASK ABOUT THIS PROPERTY

Scott PetersonChoyce Peterson, Inc.More Info
203-810-4031

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Scott PetersonChoyce Peterson, Inc.More Info
203-810-4031

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