357 Ny-59West Nyack, NY 10994
High-Yield Car Wash Investment, 19+ Years Remaining
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 91
Highlights
- 21-year absolute triple-net (NNN) lease with 2% annual rent increases, expiring March 30, 2044.
- High-visibility location on NY-59, near Interstate 87, with 150,000 vehicles daily.
- Strong consumer base: Average household income over $150,000, across from the Palisades Center mall.
- 4,460 SF car wash; $6,539,714 asking price ($1,466.30/SF); 7.00% cap rate; $457,780 NOI.
Property Details for 357 Ny-59
- Property type
- Other specialty properties, Automotive properties
- Square Feet
- 4,460 SF
- Year Renovated
- 1984
- Lot Size (sq. ft)
- 61,420 SF
Location Insight
- City
- West Nyack
- County
- Rockland
- State
- New York
- Latitude
- 41.093828
- Longitude
- -73.9549204
Nearby Comparable
Nearby Similar for Sale
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