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11 Hillside Ave Portchester, NY 10573

For Sale
$6,461,538

Long-term NNN lease with annual rental increases.

Property size:
30,000 SF
Lot size:
0.16 Acres

Property Features for 11 Hillside Ave

General Information

Size
30,000 SF
Lot size
0.16 Acres

Source: NNN Pro Group Agent Glen Kunofsky

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

NNN Lease Investment Opportunity

This property is subject to a long-term, 20-year absolute triple net (NNN) lease that will be signed at closing. The lease includes two percent (2%) annual rental increases. The tenant has four (4), five (5)-year renewal options, bringing the potential lease term to 40 years. The property is 30000 square feet.
Insight Report Location Intelligence

Current Use by Public Records

Sudz Hand Wash ... Car Wash

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Portchester
County
Westchester
State
New York
Longitude
-73.6565229
Latitude
41.0127026

FAQs

What type of property is this?
NNN property - Long-term NNN lease with annual rental increases.
Where is this nnn property located?
The property is located at 11 Hillside Ave Portchester, NY.
What is the asking price?
The asking price for this property is $6,461,538.
What are key features of this property?
This property features: - Long-Term, 20-Year Absolute Triple Net (NNN) Lease Signed at Closing; - Two Percent (2%) Annual Rental Increases; - Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
More about this property
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