Retail store, state of New York, USA

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Retail store, state of New York, USA

4,727,000 $
2,215 $ /m²
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  • Total area
    2,134 m²
  • Yield
    5.5 %
  • Rental rate (m²/month)
    9 $
  • Built in 
    2017
Details
Property parameters
  • Land area: 13,277 m²
  • 1-floor building
Financial performance
  • Annual income: 242,762 $
Tenants
  • Fully let

Retail store in the state of New York.

Description

Retail store of automotive components and accessories.

Financial performance

The cost of the property is 4,727,272 $.

The absolute annual income is 259,999 $.

The current yield is 5,5%.

Tenants

The tenant is one of the largest US companies for the sale of automotive components and accessories, numbering more than 5,000 stores throughout the US and Mexico.

The lease agreement is valid for 15 years + the extension option 4х5 years.

Type of rent: triple net lease.

NNN lease is the most common type of lease in case of long-term contracts. The owner takes a lease ”in triple size, “ that is, without deduction of tax, insurance and maintenance costs (these costs are contractually borne by the tenant). The triple net lease agreement is aimed at saving the lessor from unnecessary costs, additional work and thereby increase the profitability of real estate.

Location

The property is located in the town with the population more than 20 thousand people (Westchester County, New York). The city belongs to the suburbs of New York and located north of the Bronx.

There is a cafe, a car wash, a tire shop, an automobile workshop, a bus stop in a walking distance.

The distance to New York (Manhattan) is about 65 km.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other retail space for sale in the USA.

You can see more retail space for sale in New York City elsewhere on our website.

Statistics in New York City

Price per m², $
13,858
Healthcare efficiency level
65
Index 65 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
56
Index 56 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, $
Apartment in the city centre, m² 13,857.95
Apartment in a bedroom community, m² 6,036.13
Transport Price, $
Public transport, 1 ride 2.65
Monthly travel card 116.35
Taxi, 1 km 1.64
Petrol, 1 l 0.77
Food Price, $
Water, 1.5 l 2.21
Milk, 1 l 1.08
White bread, 500 g 3.75
Eggs, a dozen 3.43
Chicken fillet, 1 kg 12.6
Education Price, $
Kindergarten, per month 2,288.14
International school, per year 36,667.72
Health care index
Staff competence 73.99
Medical equipment 88.27
Research accuracy and completeness 73.48
Attitude towards patients 68.69
Security index
Crime rate 46.42
The risk of being robbed 43.5
The risk of car theft 43.99
The risk of break-in and property damage 50.34

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Anna Kurianovich
Anna Kurianovich
Investment consultant in New York City
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