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    OFF-MARKET
    Retail properties & Spaces

    406 Fordham Rd, The Bronx, NY 10458

    10,000 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 10,000-square-foot retail space is perfectly situated at the highly visible, signalized intersection of East Fordham Road and Webster Avenue in the Bronx. Previously occupied by Walgreens, this single-tenant storefront offers unparalleled visibility and accessibility within one of the borough's most dynamic retail areas. The property benefits from its prime corner location, ensuring maximum exposure to the substantial pedestrian and vehicular traffic that characterizes this bustling commercial corridor. The surrounding area boasts a strong mix of national retailers, including well-known brands such as Best Buy, Old Navy, and Krispy Kreme, creating a vibrant and attractive retail environment. This location is ideal for a wide variety of businesses seeking to establish a strong presence in a high-traffic area. The property's proximity to Fordham University and ample public transportation options further enhance its appeal, providing convenient access for both students and the broader community. This represents a rare opportunity to secure a significant retail space in a thriving commercial district within Bronx County. The entire 10,000 square feet is currently vacant and ready for immediate occupancy. This is a truly exceptional opportunity for a business seeking a high-impact location with significant potential for growth and success.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 10,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Walgreens Pharmacy Pharmacy
    • Walgreens Photo (Bike/Boat/Book/etc) Store
    • FedEx OnSite Postal Service Courier Service
    • Citibank ATM Atm
    • Western Union Bank Credit Union
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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