Auto Repair For Sale • 27,920 SF
Distribution Hub: This location serves dozens of traditional Napa locations throughout New York and Connecticut. |
Recently Acquired: Formally an independent aftermarket parts distributor, the business at this location was acquired by Napa (Genuine Parts Company) |
Napa is located ½ mile from Interstate 84, allowing seamless transportation routes to the retail locations the building serves. |
surrounded by several high-profile companies including a Brand-New Tesla Distribution Center, Pepsi-Cola, CubeSmart Self-Storage ETC. |
Below Market Rents: Current market rents for this product type are over $12/SF while Napa is currently paying $4.94/SF. |
With less than a year remaining on the lease and one, 1-year option afterwards, this provides an investor with significant upside potential. |
Cap Rate: | 8.00 % |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Beacon Station (Hudson Line - Metro-North Commuter Railroad Company (Metro-North)) | 10 min | - | 5.8 mi |
Airport | Drive | Walk | Distance |
New York Stewart International | 10 min | - | 5.4 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 14 |
Type: | Surface |
Included in Rent: | Yes |