Net-Leased Grocery
For Sale
Contact for pricing
240 East Sandford Boulevard, Mount Vernon, NY 10550
Stop & Shop grocery in Mount Vernon, offered with a fully net lease and a new 20-year base term.
Property SizeContact for details
Days on Market120
Property Features for 240 East Sandford Boulevard
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE - Boston
(617) 953-0152
Listed By:
Nat Heald · License #MA 9088276-RE-S
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 7:34AM
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 CBRE - Boston
Investment Insights
Based on property information with market context.
Stop & Shop grocery and convenience store is being offered for sale in Mount Vernon, New York. The property features a newly executed 20-year lease extension that has been converted to a fully net structure, resulting in no landlord responsibilities. The tenant’s rent is expected to include base lease term with rental increases.
The store is positioned in a densely populated metro area, with approximately 405,000 people living within a three-mile radius. The property benefits from retail placement between two of New York City’s busiest parkways and proximity to several methods of public transportation.
With no active landlord responsibilities and a remaining 20-year base lease term, the offering presents an established, operating grocery store in a high-barrier-to-entry trade area.
The store is positioned in a densely populated metro area, with approximately 405,000 people living within a three-mile radius. The property benefits from retail placement between two of New York City’s busiest parkways and proximity to several methods of public transportation.
With no active landlord responsibilities and a remaining 20-year base lease term, the offering presents an established, operating grocery store in a high-barrier-to-entry trade area.
Key Highlights
- Stop & Shop grocery store in Mount Vernon, New York
- New 20‑year lease extension with rental increases on the 20‑years base term
- Lease is fully net with no landlord responsibilities
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,322
Businesses Nearby
301k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Dining 27%
Electronics 18%
Office Supplies 8%
Best Buy
Electronics
50,299 visits/mo
0.3 miles
Dollar Tree
Shops & Services
41,484 visits/mo
0.5 miles
McDonald's
Dining
34,097 visits/mo
0.2 miles
Staples
Office Supplies
23,106 visits/mo
0.1 miles
Restaurant Depot
Groceries
20,511 visits/mo
0.2 miles
Demographics for 10550, NY
41,137
Population
16,865
Households
2.4
Avg Household Size
38
Median Age
23%
College-Educated
82%
High-School Grad
2.0 sq mi
ZIP Area
20,569
Density / Sq Mi
$56,903
Median Household Income
$43,733
Median Earnings
$1,451
Median Rent
$482,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Las Antillas Produce Meat Market — 169 E 3rd St, Mt Vernon, NY 10550
- Target Grocery — 500 E Sandford Blvd, Mt Vernon, NY 10550
- ShopRite of Pelham Parkway — 847 Pelham Pkwy, Pelham, NY 10803
- Bani Food Market Corporation — 15 S Fulton Ave, Mt Vernon, NY 10550
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Stop & Shop grocery in Mount Vernon, offered with a fully net lease and a new 20-year base term.
Where is this grocery and convenience store located?
The property is located at 240 East Sandford Boulevard Mount Vernon, NY.
What are key features of this property?
This property features: Stop & Shop grocery store in Mount Vernon, New York; New 20‑year lease extension with rental increases on the 20‑years base term; Lease is fully net with no landlord responsibilities
