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Hydrogen Fitness 11 Riverdale Ave

30,000 SF Industrial Building Port Chester, NY 10573 £5,072,249 (£169/SF) 6.50% Net Initial Yield

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease Signed at Closing
  • Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
  • Two Percent (2%) Annual Rental Increases

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for a Hydrogen Fitness located at 11 Riverdale Ave. in Port Chester, NY. The site consists of roughly 30,000 rentable square feet of building space on estimated 0.7-acre parcel of land. This Hydrogen Fitness is subject to a 20-year absolute triple-net (NNN) lease, which will commence upon close of escrow. The starting annual rent will be $420,000 and is scheduled to increase by 2% annually throughout the base term and in each of the 4, 5-year renewal options.

Property Facts

Price £5,072,249 Lot Size 0.70 AC
Price Per SF £169 Rentable Building Area 30,000 SF
Sale Type Investment NNN Number of Floors 1
Net Initial Yield 6.50% Year Built 1946
Property Type Industrial Tenancy Single
Property Subtype
Warehouse
  • General Retail Health Club
 Level Access Doors 2
Building Class C
Price £5,072,249
Price Per SF £169
Sale Type Investment NNN
Net Initial Yield 6.50%
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Health Club
Building Class C
Lot Size 0.70 AC
Rentable Building Area 30,000 SF
Number of Floors 1
Year Built 1946
Tenancy Single
Level Access Doors 2
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11 Riverdale Ave, Port Chester, NY - aerial map view
Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 4801-136-000-00056-001-0049-0000000 Improvements Assessment £728,315
Land Assessment £641,966 Total Assessment £1,370,280

PROPERTY TAXES

Parcel Number
4801-136-000-00056-001-0049-0000000
Land Assessment
£641,966
Improvements Assessment
£728,315
Total Assessment
£1,370,280

zoning

Zoning Code Light Industrial (Light Industrial)
Light Industrial (Light Industrial)
(332) 345-4222

  • Listing ID: 33040856

  • Date on Market: 03/09/2024

  • Last Updated:

  • Address: 11 Riverdale Ave, Port Chester, NY 10573

The Industrial Property at 11 Riverdale Ave, Port Chester, NY 10573 is currently available For Sale. Contact NNN Pro Group for more information.

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11 Riverdale Ave, Port Chester, NY for sale Building Photo- Image 1 of 3
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11 Riverdale Ave - Port Chester - Ariel

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Hydrogen Fitness | 11 Riverdale Ave
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Glen Kunofsky

(332) 345-4222

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Ryan Sblendorio

(332) 345-4268

(332) 345-4268

Robert Stein

(332) 345-2408

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