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Hajoca 3372 Old Crompond Rd 9,000 SF Retail Building Yorktown Heights, NY 10598 $5,423,740 CAD ($602.64 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Attractive Pricing and Yield – Offered at $4,031,420, representing a 6.75% cap rate, delivering strong in-place cash flow
- Modern Construction – Constructed in 2017, the ±9,000 SF masonry building occupies a ±1.76 AC site with low ±11.74% site coverage
- Trusted Local Brand – Locally operating as Best Plumbing, Tile & Stone, the tenant is the top-ranked plumbing fixtures and supplies retailer
- Secure Lease Structure – Triple-net lease in place through 2030 with 3% annual rent escalations and a 5-year renewal option
- National Credit Strength – Tenant is Hajoca Corporation, one of the largest plumbing distributors in the U.S., operating 450+ locations nationwide.
- Diverse Customer Base – Services both residential and trade customers through a high-end show room, professional design consultation
EXECUTIVE SUMMARY
Broker of Record
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,000 SF
Building Class
B
Year Built
2017
Price
$5,423,740 CAD
Price Per SF
$602.64 CAD
Cap Rate
7%
NOI
$379,663 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.82
Lot Size
0.25 AC
Zoning
R-3 - Retail/Food Service
Parking
20 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Taconic Tree Care Inc
- Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Taconic Tree Care Inc | Services | - | - | - |
NEARBY MAJOR RETAILERS
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Hajoca | 3372 Old Crompond Rd
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