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ACME Markets 12-14 Cedar St

32,160 SF Retail Building Bronxville, NY 10708 For Sale

Investment Highlights

  • Absolute NNN purchase opportunity
  • Nearly management free investment opportunity
  • Tenant in place until 2043
  • 5.5% Cap Rate | $1,415,040 NOI

Executive Summary

Rare absolute NNN purchase opportunity. (20) year income stream ACME Markets has had tenancy since 1974 with the current lease in place until 2043. Cap Rate: 5.5%. NOI: $1,415,040. ACME Markets is guaranteed by Albertsons Companies. Bronxville commercial buildings seldom trade. Site is the only large grocery site allowed in Bronxville. Strong passive investment. Excellent 1031 exchange potential. Secure way to shelter capital gains. The site is located near CVS and Starbucks.

Attachments

Bronxville-12-Cedar-Street-Absolute-NNN-Purchase-Opportunity-Admiral-RE

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Supermarket
Building Size
32,160 SF
Building Class
C
Year Built
1974
Tenancy
Single
Number of Floors
1
Building FAR
0.76
Land Acres
0.97 AC
Zoning
BA
Frontage
231 ft on Cedar St

Amenities

  • Bus Route
  • Commuter Rail

Links

1 of 1
Walk Score ®
Walker's Paradise (93)
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

Nearby Major Retailers

Pure Barre
Trustco Bank
Citi
Apple Bank
Citizens Bank
SoulCycle
Starbucks
Chase Bank
Bank of America
Orangetheory Fitness
(914) 779-8200 x111

  • Listing ID: 33246668

  • Date on Market: 20/09/2024

  • Last Updated:

  • Address: 12-14 Cedar St, Bronxville, NY 10708

The Retail Property at 12-14 Cedar St, Bronxville, NY 10708 is currently available For Sale. Contact Admiral Real Estate Services for more information.

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© 2024 CoStar Group

ACME Markets | 12-14 Cedar St
(914) 779-8200 x 111

ACME Markets | 12-14 Cedar St

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Amanda Smith

(914) 779-8200

x111

(914) 779-8200 x111

Jonathan Gordon

(914) 779-8200

x115

(914) 779-8200 x115

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