Property profile

406 Fordham Rd The Bronx, NY 10458

OFF-MARKET
Retail properties & Spaces
10,000 SF
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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

Current use

Occupant on record · Public records
  • Pharmacy
  • (Bike/Boat/Book/etc) Store
  • Postal Service Courier Service
  • Atm
  • Bank Credit Union

Location

406 Fordham Rd The Bronx, NY 10458
The Bronx metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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