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37 E Main St
Elmsford, NY 10523
7-Eleven · Retail Property For Sale
Investment Highlights
- Corporately guaranteed by 7-Eleven, rated AA- by Standard & Poor's
- Elmsford is located in Westchester County, just outside of NYC and part of the highly sought-after New York City MSA
- High-end brick construction, build-to-suit prototype offering zero deferred maintenance and depreciation to the landlord
- 7-Eleven executed a new 15-yr NNN lease with 10% rental increases every 5yrs
- The NNN lease offers a completely passive ownership structure making this an ideal property for a “hands off” investor or 1031 exchange buyer
- Contractual 10% rental increases every 5 years in the base term of the lease and in the option periods
Property Facts
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,160 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.36 AC
Zoning
CR - commercial retail
Parking
15 Spaces (4.75 Spaces per 1,000 SF Leased)
Frontage
152’ on East Main Street
Property Taxes
| Parcel Number | 2605-005-040-00062-000-0007 | Improvements Assessment | $1,568,300 |
| Land Assessment | $431,700 | Total Assessment | $2,000,000 |
Property Taxes
Parcel Number
2605-005-040-00062-000-0007
Land Assessment
$431,700
Improvements Assessment
$1,568,300
Total Assessment
$2,000,000
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