717 Hutchinson River Parkway 24-79 Senger Pl 1,715 SF 100% Leased Retail Building Bronx, NY 10465 $1,850,000 ($1,078.72/SF)

717 Hutchinson River Parkway offers a rare small-format value-add opportunity along one of the Bronx’s most heavily traveled transportation corridors. The property features a 1,715 SF freestanding building situated on a ±10,000 SF lot, delivering exceptional frontage, visibility, and signage exposure directly along the Hutchinson River Parkway.
The asset is currently leased to Herc Rentals through June 2029, providing stable in-place income with a clear path to future upside. The lease is undermarket, positioning the property for a meaningful mark-to-market opportunity at rollover or through repositioning, subject to tenant demand and approvals.
Strategically located just minutes from major highways and the Whitestone Bridge, the site benefits from immediate access to Queens, Manhattan, and the greater Tri-State area, making it highly attractive for a wide range of future users. The combination of strong exposure, irreplaceable corridor location, and flexible lot size supports long-term value preservation and growth.
With national-credit tenancy, below-market rents, and unmatched connectivity, 717 Hutchinson River Parkway represents a compelling value-add acquisition for investors seeking durable cash flow today and accelerated upside at lease expiration.