Retail    

Floor & Decor

 Port Chester (New York City), NY

Price

$31,304,000

Cap Rate

5.75%

Icons_AbsNNN-Icon

Lease Type

Absolute Net

Icons_YrBuilt-Hammer-Icon

Year Built

2023

Icons_BuildSize-SqFt-Icon

Building Size

80,000 SF

Icons-Acreage

Lot Size

5.10 AC

Icons_Growth

Rental Increases

10% every 5 years

cash-white

2022 Revenue

$4.2B

For more details on this exclusive listing

By submitting the form, you agree to the terms and conditions of our Confidential Disclaimer.

INVESTMENT HIGHLIGHTS

  • Brand New Construction | 20-Year Absolute Net Lease
  • Favorable Floor and Decor Lease - Market Rental Escalations – 10% every Five Years
  • Strong, Publicly Traded Financials – Likely Future Investment Grade Credit Rating
  • Prime Westchester County Location (in between Rye and Greenwich) New York City MSA Acquisition Opportunity
  • Outstanding Demographics Coupled with Prime Retail – Next to Home Depot, Behind Whole Foods
  • Immediate Proximity to On/Off Ramps to Interstate 95 & Interstate 287

Exclusively Listed By

Isaiah Harf

Regional Managing Director
  iharf@northmarq.com      +1 773.963.2637

BJ Feller

Senior Vice President & Managing Director
  bfeller@northmarq.com   

Christian Tremblay

Vice President
  ctremblay@northmarq.com   

Mark Lovering

Associate Vice President
  mlovering@northmarq.com   

Jack Collins

Senior Associate
  jcollins@northmarq.com   

Josh Dicker

Associate
  jdicker@northmarq.com   

In Association With
Jason Maier

NY Broker#10301215989

Northmarq

303 E Wacker Dr | Suite 1111
Chicago, Illinois 60601


northmarq.com