- Corner retail-office building in the Tremont neighborhood of The Bronx.
- Building is currently occupied by Chase Bank with a NNN lease which has 2-years left, with 3% increases annually & an option to extend.
- Great income producing property with future redevelopment opportunity available.
- Property is located near Tremont [LIRR] Train Station.
- Price ~ $6,069,000
E Tremont Avenue Bronx, NY 10457
$6,069,000.00
Details
- Corner retail-office building in the Tremont neighborhood of The Bronx.
- Building is currently occupied by Chase Bank with a NNN lease which has 2-years left, with 3% increases annually & an option to extend.
- Great income producing property with future redevelopment opportunity available.
- Property is located near Tremont [LIRR] Train Station.
- Price ~ $6,069,000
Additional Information
| Asset Type | Development, Retail |
|---|---|
| City | Bronx |
| Neighborhood | Tremont |
| Broker | Mike Sezan |
| Price | $6,069,000 |
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Property is currently 100% leased
Strong retail corridor with heavy foot and car traffic on both sides of the streets
All tenants have 3% annual rental increases
