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Auto Service - Gas-Conv

20 Grayrock Rd

20 Grayrock Rd, Scarsdale, NY 10583

Listing Price: $2,000,000

Cap Rate
6.00%
Tenant Name
Hartsdale Automotive
Years Remaining On Lease
9.3
Gross SF
6,122
Guarantor
Personal Guarantee
Rentable SF
6,000
Price/Gross SF
$326.69
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$20.00

Investment Overview

Marcus & Millichap has been retained as the exclusive advisor for the sale of 20 Grayrock Road, Scarsdale NY. A 1,600 square foot single tenant automotive building in Scarsdale, New York.

The property sits on 6,098 SF of land in the heart of Scarsdale and very close to Scarsdale train station, sits between large apartment buildings and very close to play grounds/ little league field and the Scarsdale village.

The site is the new home for Hartsdale Automotive, who has been in that market for over 20 years, and signed new 10 years NNN lease in August 2024.

The site is a fantastic development opportunity in the town of Eastchester.

Investment Highlights

  • 10 years new lease in place with very strong long term local operator in place
  • NNN Lease with zero landlord responsibility with 3 % increases starting in July 2026
  • Very close to Scarsdale Metro North Train Station
  • Fantastic future development opportunity

Exclusively Listed By

Auto Service - Gas-Conv

20 Grayrock Rd

Listing Price: $2,000,000

Cap Rate
6.00%
Tenant Name
Hartsdale Automotive
Years Remaining On Lease
9.3
Gross SF
6,122
Guarantor
Personal Guarantee
Rentable SF
6,000
Price/Gross SF
$326.69
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$20.00

Investment Highlights

  • 10 years new lease in place with very strong long term local operator in place
  • NNN Lease with zero landlord responsibility with 3 % increases starting in July 2026
  • Very close to Scarsdale Metro North Train Station
  • Fantastic future development opportunity

Investment Overview

Marcus & Millichap has been retained as the exclusive advisor for the sale of 20 Grayrock Road, Scarsdale NY. A 1,600 square foot single tenant automotive building in Scarsdale, New York. The property sits on 6,098 SF of land in the heart of Scarsdale and very close to Scarsdale train station, sits between large apartment buildings and very close to play grounds/ little league field and the Scarsdale village. The site is the new home for Hartsdale Automotive, who has been in that market for over 20 years, and signed new 10 years NNN lease in August 2024. The site is a fantastic development opportunity in the town of Eastchester.

Exclusively Listed By

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