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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

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    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
    (332) 345-2408
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    11 Hillside Ave Portchester, NY 10573
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    Portchester, NY 10573
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11 Hillside Ave Portchester, NY 10573
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