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    Retail Demonstration Building Title is generated by Realmo AI

    8 Industrial Ln, New Rochelle, NY 10805

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    Freestanding retail/demo property positioned between major retailers with direct access to I-95 and Route 1 corridors.

    Type:INDUSTRIAL
    Property size:
    21,993 SF
    Price / SF:
    $281/SF
    Added:
    Jun 16, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 20 at 7:04 am

    Property Features for 8 Industrial Ln

    General Information

    Standard status
    Active
    Size
    21,993 SF
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Scott Peterson
    Scott Peterson

    Listing agent Scott Peterson

    Listing office Choyce Peterson

    Listing date Jun 16, 2026

    Source Moodyscre

    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 Choyce Peterson

    HighLights

    • Freestanding retail/demonstration property at 8 Industrial Lane in New Rochelle
    • Positioned between Home Depot and Costco
    • About 1/3 mile to I‑95 and Route 1
    • Approximately 3 miles from the northern edge of New York City
    • Available for the first time in two decades

    Overview

    This for-sale retail and demonstration property offers a single building configuration totaling approximately 21,993 square feet, available for the first time in two decades. The asset is designed for retail use and on-site customer demonstration, supporting brands that need space for viewing products and facilitating in-store presentation.

    Located in New Rochelle, the building sits between Home Depot and Costco, placing it within a concentrated commercial node. It is about 1/3 mile to I-95 and Route 1, and roughly three miles from the northern edge of New York City, offering straightforward regional access for both customers and deliveries.

    For tenants, buyers, and operators seeking a larger format retail/demo site, the location and proximity to interstate and arterial routes can be valuable for drawing customers from New York City and its northern suburbs. The established retail adjacency to Home Depot and Costco may also support firms looking to benefit from an area already anchored by high-traffic retail destinations.

    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 $765.4k $34.80
    − Vacancy −$101.0k −$4.59
    EGI $664.3k $30.21
    − OpEx −$199.3k −$9.06
    NOI $465.0k $21.14
    21,993 SF · lease $34.80/SF/yr · vacancy 13.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $6.64M
    $5.81M – $7.75M (±1% cap)
    NOI $465,031 @ 7.0% cap · market cap 7.50%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Empire Harley-Davidson Motorcycle Shop ChargePoint Charging Station Electric Vehicle Charging Station LiveWire New Rochelle Motorcycle Shop Medina's Garage Door ... Building Supply

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Rochelle
    County
    Westchester
    State
    New York
    Longitude
    -73.7922727
    Latitude
    40.8981488

    FAQs

    What type of property is this?
    Retail space - Freestanding retail/demo property positioned between major retailers with direct access to I-95 and Route 1 corridors.
    Where is this retail space located?
    The property is located at 8 Industrial Ln New Rochelle, NY.
    What is the asking price?
    The asking price for this property is $6,200,000.
    What are key features of this property?
    This property features: Freestanding retail/demonstration property at 8 Industrial Lane in New Rochelle; Positioned between Home Depot and Costco; About 1/3 mile to I‑95 and Route 1
    (203) 952-3321 Call to check price and availability
    More about this property
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