Advance Auto Parts For
22 Westmoreland Ave White Plains, NY
22 Westmoreland Ave, White Plains, NY, 00000
Contact for pricing
For Sale
Contact for pricing
Long-term Advance Auto Parts tenant in White Plains, NY.
Property Size7,993 SF
Lot Size0.30 Acres
Price / SF$404.55
Days on Market353
Property Features for 22 Westmoreland Ave
General Information
- Standard status
- Active
- Size
- 7,993 SF
- Lot size
- 0.30 Acres
- Property subtype
- INDUSTRIAL
Listing Agency
RIPCO Real Estate - Connecticut
(917) 553-1117
Listed by
Nina Santos Becker
Source
Moodyscre
Added: Jul 31, 2025 Checked: Jul 17 at 3:40 am
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 RIPCO Real Estate - Connecticut
Investment Insights
Based on property information with market context.
The property is tenanted by Advance Auto Parts, Inc. The tenant's new lease renewal commitment indicates long-term stability and continued presence at this location. The property contains 7,993 square feet.
Key Highlights
- Long‑term tenant: Advance Auto Parts, Inc.
- New lease renewal commitment highlights tenant's long‑term stability.
- Continued presence at the location.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $278.2k | $34.80 |
| − Vacancy | −$36.7k | −$4.59 |
| EGI | $241.4k | $30.21 |
| − OpEx | −$72.4k | −$9.06 |
| NOI | $169.0k | $21.14 |
7,993 SF · lease $34.80/SF/yr · vacancy 13.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.41M
$2.11M – $2.82M
NOI $169,008 @ 7.0% cap · market cap 5.23%
Second Best
Industrial
$1.62M
$1.42M – $1.89M
NOI $113,482 @ 7.0% cap · market cap 3.51%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
UPS Access Point ...
Courier Service
Advance Auto Parts
Auto Parts Store
Similar For Sale Nearby
Similar Off Market Nearby
- Zipcar — 329 hamilton ave, white plains, ny 10601
- Enterprise Rent-A-Car — 44 Westchester Ave, White Plains, NY 10601
- U-Haul Neighborhood Dealer — 69 Bank St, White Plains, NY 10606
- Kenwon Car to Airport Service — Bank St, White Plains, NY 10603
- Enterprise Rent-A-Car — 15 Tarrytown Rd, White Plains, NY 10607
FAQs
What type of property is this?
Automotive property - Long-term Advance Auto Parts tenant in White Plains, NY.
Where is this automotive property located?
The property is located at 22 Westmoreland Ave White Plains, NY.
What is the asking price?
The asking price for this property is $3,233,604.
What are key features of this property?
This property features: Long‑term tenant: Advance Auto Parts, Inc.; New lease renewal commitment highlights tenant's long‑term stability.; Continued presence at the location.
