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Auto Dealership

Honda Dealership

2543 E Tremont Ave, The Bronx, NY 10461

Listing Price: $15,709,000

Cap Rate
5.50%
Tenant Name
Liberty Chevrolet Inc.
Years Remaining On Lease
14.1
Gross SF
12,400
Guarantor
No Guarantee
Rentable SF
12,400
Price/Gross SF
$1,266.85
Lease Type
Absolute Net
Rent Per Square Feet
$69.68

Investment Overview

Marcus & Millichap is pleased to present for sale Honda Dealership in Bronx, New York. Honda dealerships primarily sell new cars, trucks, SUVs, and sometimes motorcycles. Popular models often include the Honda Accord, Honda Civic, Honda CR-V, Honda Pilot, and Honda Odyssey. Many dealerships also offer a variety of pre-owned vehicles, often certified through Honda's Honda Certified Pre-Owned (CPO) program, which ensures quality standards for secondhand vehicles.
The Bronx is one of the five boroughs of New York City, located to the north of Manhattan. It is an area rich in history, culture, and diversity, with a significant influence on both the city and the greater New York metropolitan area.

Investment Highlights

  • 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 Seven-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, New York

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (212) 430-5100

    License(s) NY: 10311204479

    New York

Financing By

Auto Dealership

Honda Dealership

Listing Price: $15,709,000

Cap Rate
5.50%
Tenant Name
Liberty Chevrolet Inc.
Years Remaining On Lease
14.1
Gross SF
12,400
Guarantor
No Guarantee
Rentable SF
12,400
Price/Gross SF
$1,266.85
Lease Type
Absolute Net
Rent Per Square Feet
$69.68

Investment Highlights

  • 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 Seven-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, New York

Investment Overview

Marcus & Millichap is pleased to present for sale Honda Dealership in Bronx, New York. Honda dealerships primarily sell new cars, trucks, SUVs, and sometimes motorcycles. Popular models often include the Honda Accord, Honda Civic, Honda CR-V, Honda Pilot, and Honda Odyssey. Many dealerships also offer a variety of pre-owned vehicles, often certified through Honda's Honda Certified Pre-Owned (CPO) program, which ensures quality standards for secondhand vehicles. The Bronx is one of the five boroughs of New York City, located to the north of Manhattan. It is an area rich in history, culture, and diversity, with a significant influence on both the city and the greater New York metropolitan area.

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (212) 430-5100

    License(s): NY: 10311204479

    New York

Financing By

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