250 Boston Post Rd Portchester, NY 10573

Listing agency JLL - New York City, New York

Listed by Alex Geanakos · License #IL: #475.189621

Source Crexi

Added: Apr 11 Updated: Jul 21 at 8:05PM Checked: Jul 21 at 8:05PM

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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

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FAQs

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