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78 N Route 303
West Nyack, NY 10994
Harbourside Grille · Commerce de détail Propriété À vendre
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Faits saillants de l'investissement
- In-place cash flow from Herc Rentals through June 27, 2029 with a clear mark-to-market re-leasing opportunity.
- ±0.919 acres in a supply-constrained West Nyack submarket with long-term value protection.
- Immediate access to NYC, I-287, Palisades Parkway, and NYS Thruway.
- Outstanding visibility, frontage, and signage along one of Rockland County’s most heavily trafficked roadways.
- Current rents positioned below market, supporting meaningful income growth at rollover.
Résumé de l'annonce
78 North Route 303 offers a textbook value-add opportunity along one of Rockland County’s most heavily trafficked commercial corridors. The property sits on ±0.919 acres and is improved with an 5,765 SF freestanding building featuring exceptional frontage, visibility, and signage on Route 303.
The asset is fully leased to Herc Rentals through June 27, 2029, providing durable in-place income while investors underwrite a clear path to substantial rent growth at lease expiration. Current rents are below market, creating an opportunity to re-lease at materially higher rates, reposition the asset, or attract a higher-credit tenant.
Beyond re-leasing upside, the site functions as a covered land investment with nearly one acre in a prime West Nyack location. Zoned RS, the property presents long-term redevelopment potential for buyers seeking optionality in a supply-constrained market. The parcel benefits from direct access to NYC and major regional arteries, including the Palisades Interstate Parkway, I-287, and the New York State Thruway.
With multiple value-creation strategies, a nationally recognized tenant in place, and irreplaceable corridor exposure, 78 North Route 303 is a rare chance to acquire income today with the ability to unlock meaningful upside in a top Rockland County submarket.
The asset is fully leased to Herc Rentals through June 27, 2029, providing durable in-place income while investors underwrite a clear path to substantial rent growth at lease expiration. Current rents are below market, creating an opportunity to re-lease at materially higher rates, reposition the asset, or attract a higher-credit tenant.
Beyond re-leasing upside, the site functions as a covered land investment with nearly one acre in a prime West Nyack location. Zoned RS, the property presents long-term redevelopment potential for buyers seeking optionality in a supply-constrained market. The parcel benefits from direct access to NYC and major regional arteries, including the Palisades Interstate Parkway, I-287, and the New York State Thruway.
With multiple value-creation strategies, a nationally recognized tenant in place, and irreplaceable corridor exposure, 78 North Route 303 is a rare chance to acquire income today with the ability to unlock meaningful upside in a top Rockland County submarket.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Commerce de détail
Sous-type de propriété
Restaurant
Taille du bâtiment
5 765 pi²
Classe d’immeuble
B
Année de construction
1970
Prix
2 474 882 $ CAD
Prix par pi²
429,29 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,15
Taille du lot
0,90 AC
Zonage
RS - RS
Stationnement
72 places (0,17 places par 1 000 pi² loué)
Façade
68’ sur Route 303
Impôts fonciers
| Numéro de lot | 392089-065-006-0001-030-000-0000 | Évaluation des bâtiments | 217 383 $ CAD |
| Évaluation du terrain | 196 228 $ CAD | Évaluation totale | 413 610 $ CAD |
Impôts fonciers
Numéro de lot
392089-065-006-0001-030-000-0000
Évaluation du terrain
196 228 $ CAD
Évaluation des bâtiments
217 383 $ CAD
Évaluation totale
413 610 $ CAD
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