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Freestanding Bank Ground Lease
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250 Boston Post Rd, Portchester, NY 10573

Freestanding TD Bank branch offered under an absolute NNN ground lease with 6.2 years remaining and two 5-year options.

Days on Market111

Property Features for 250 Boston Post Rd

General Information

Standard status Active
Property subtype Retail

Site & Location

Traffic Count 25,400 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: JLL - New York City, New York
Listed By: Alex Geanakos · License #IL: #475.189621
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Jul 21 at 8:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - New York City, New York

Investment Insights

Based on property information with market context.

The offering is for the fee-simple ground lease interest in a freestanding TD Bank branch at 250 Boston Post Road. The property is structured as an absolute NNN ground lease with 6.2 years of remaining primary term and two additional 5-year options.

The site is positioned along Boston Post Road (US Route 1) for visibility to 25,400 vehicles per day and just off Interstate 287 (137,200 vehicles per day). The property sits within a dense retail corridor near Gateway Shopping Center.

TD Bank, N.A. is the tenant. The lease includes rent increases of 15% at each 5-year option period, providing a contractual step-up during the extension terms.

Key Highlights

  • Fee‑simple ground lease interest in a freestanding TD Bank branch at 250 Boston Post Road, Port Chester, NY
  • Absolute NNN ground lease with 6.2 years of remaining primary term plus two 5‑year options
  • Option rent increases of 15% every 5 years, structured for investment‑grade tenancy

Property Analytics

Current Use

ATM (TD Bank) Gas Station TD Bank Bank Matt Diaz - Mortgage ... Loan Service Christopher Wolt - TD ... Financial Advisor

Suggested Use

Top Pick Real Estate Agency Hotel & Motel (Bike/Boat/Book/etc) Store Nursing Home Storage Facility Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

25,400 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,247
Businesses Nearby
683k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 21% Dining 21% Groceries 15% Home Improvements & Furnishings 15%
Target Superstores
84,236 visits/mo 0.4 miles
Kohl's Apparel
63,387 visits/mo 0.3 miles
The Home Depot Home Improvements & Furnishings
59,172 visits/mo 0.4 miles
McDonald's Dining
57,080 visits/mo 0.2 miles
Whole Foods Market Groceries
51,546 visits/mo 0.4 miles

Demographics for 10573, NY

41,758
Population
14,592
Households
2.9
Avg Household Size
39
Median Age
44%
College-Educated
83%
High-School Grad
5.5 sq mi
ZIP Area
7,592
Density / Sq Mi
$110,612
Median Household Income
$48,263
Median Earnings
$1,940
Median Rent
$649,900
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Freestanding TD Bank branch offered under an absolute NNN ground lease with 6.2 years remaining and two 5-year options.
Where is this bank located?
The property is located at 250 Boston Post Rd Portchester, NY.
What are key features of this property?
This property features: Fee‑simple ground lease interest in a freestanding TD Bank branch at 250 Boston Post Road, Port Chester, NY; Absolute NNN ground lease with 6.2 years of remaining primary term plus two 5‑year options; Option rent increases of 15% every 5 years, structured for investment‑grade tenancy
More about this property
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