Bronx, NY 10461

Honda Dealership

Property Address

2543 East Tremont Avenue, The Bronx, NY, USA

Offering Summary

  • Price: $15,709,000
  • Lot Size: 36,743 SF
  • Cap Rate: 5.50%
  • Year Built: 1975/Recent Remodel
  • Building SF: 12,400
  • Status: Available
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  • Tenant recently exercised an early Lease Option renewal – 14 years remaining
  • Honda has operated at the location since 1975 – 50 Year Operating History – Tenant’s Family has Operated Location since early 1980’s
  • Hyper Infill Location with extreme barriers to entry – Less than 7 miles from Manhattan
  • 1,792,104 Residents within a Five-Mile Radius
  • Tenant has been awarded Honda’s Dealer Award for 50 Years of Service
  • Rare Opportunity to acquire almost an acre of land in the Bronx with a Seasoned Tenant – Tenant can fit up to 100 cars on site
  • Located Approximately 12-Miles Northeast of Downtown Manhattan, NY

Broker Information