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Hydrogen Fitness 11 Riverdale Ave

30,000 SF Industrial Building Port Chester, NY 10573 $6,461,538 ($215/SF) 6.50% Cap Rate

Warehouses New York Port Chester 11 Riverdale Ave, Port Chester, NY 10573

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease Signed at Closing
  • Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
  • Two Percent (2%) Annual Rental Increases

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for a Hydrogen Fitness located at 11 Riverdale Ave. in Port Chester, NY. The site consists of roughly 30,000 rentable square feet of building space on estimated 0.7-acre parcel of land. This Hydrogen Fitness is subject to a 20-year absolute triple-net (NNN) lease, which will commence upon close of escrow. The starting annual rent will be $420,000 and is scheduled to increase by 2% annually throughout the base term and in each of the 4, 5-year renewal options.

Property Facts

Price $6,461,538 Lot Size 0.70 AC
Price Per SF $215 Rentable Building Area 30,000 SF
Sale Type Investment NNN No. Stories 1
Cap Rate 6.50% Year Built 1946
Property Type Industrial Tenancy Single
Property Subtype
Warehouse
  • General Retail Health Club
 No. Drive In / Grade-Level Doors 2
Building Class C
Price $6,461,538
Price Per SF $215
Sale Type Investment NNN
Cap Rate 6.50%
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Health Club
Building Class C
Lot Size 0.70 AC
Rentable Building Area 30,000 SF
No. Stories 1
Year Built 1946
Tenancy Single
No. Drive In / Grade-Level Doors 2
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11 Riverdale Ave, Port Chester, NY - aerial map view
Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
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, Transit Score® & Bike Score?
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of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 4801-136-000-00056-001-0049-0000000 Improvements Assessment $927,800
Land Assessment $817,800 Total Assessment $1,745,600

PROPERTY TAXES

Parcel Number
4801-136-000-00056-001-0049-0000000
Land Assessment
$817,800
Improvements Assessment
$927,800
Total Assessment
$1,745,600

zoning

Zoning Code Light Industrial (Light Industrial)
Light Industrial (Light Industrial)
(332) 345-4222

  • Listing ID: 33040856

  • Date on Market: 9/3/2024

  • Last Updated:

  • Address: 11 Riverdale Ave, Port Chester, NY 10573

More public record information on 11 Riverdale Ave, Port Chester, NY 10573

The Industrial Property at 11 Riverdale Ave, Port Chester, NY 10573 is currently available For Sale. Contact NNN Pro Group for more information.

Industrial PROPERTIES IN NEARBY NEIGHBORHOODS

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11 Riverdale Ave, Port Chester, NY for sale Building Photo- Image 1 of 3
Screenshot 2024-09-03 104427
11 Riverdale Ave, Port Chester, NY for sale Aerial- Image 2 of 3
11 Riverdale Ave - Port Chester - Ariel

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Hydrogen Fitness | 11 Riverdale Ave
(332) 345-4222 x

Hydrogen Fitness | 11 Riverdale Ave

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Glen Kunofsky

(332) 345-4222

(332) 345-4222

Ryan Sblendorio

(332) 345-4268

(332) 345-4268

Robert Stein

(332) 345-2408

(332) 345-2408

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