914-779-8200
12-14 Cedar St, Bronxville, NY for Sale
Supermarket - FOR SALE
1/6
null | Request Cap Rate

12-14 Cedar St
Bronxville, NY 10708


HIGHLIGHTS

  • Absolute NNN purchase opportunity
  • Tenant in place until 2043
  • Nearly management free investment opportunity
  • 5.5% Cap Rate | $1,415,040 NOI

OVERVIEW

Rare absolute NNN purchase opportunity. (20) year income stream ACME Markets has had tenancy since 1974 with the current lease in place until 2043. Cap Rate: 5.5%. NOI: $1,415,040. ACME Markets is guaranteed by Albertsons Companies. Bronxville commercial buildings seldom trade. Site is the only large grocery site allowed in Bronxville. Strong passive investment. Excellent 1031 exchange potential. Secure way to shelter capital gains. The site is located near CVS and Starbucks.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ACME Markets

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

BA

APN/PARCEL ID

2401-004-000-00003-000-0017-B

ASK ABOUT THIS PROPERTY

Amanda SmithAdmiral Real Estate ServicesMore Info
914-779-8200

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Amanda SmithAdmiral Real Estate ServicesMore Info
914-779-8200

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