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Miscellaneous

Blink Fitness | EmblemHealth | Advanced Care Staffing

932 Southern Blvd, Bronx, NY 10459

Listing Price: $17,000,000

Cap Rate
5.01%
Tenant Name
Blink Holdings Inc
Years Remaining On Lease
10.5
Guarantor
Corporate Guarantee
Rentable SF
29,160
Lease Type
Modified Gross
Rent Per Square Feet
$29.22

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Multi-Tenant asset located at 932 Southern Boulevard in Bronx, New York. The site consists of roughly 28,390 rentable square feet of building space on an estimated 0.17 acre parcel of land. The tenants include Blink Fitness on the second and third floor, Emblem Health on the ground floor and lower level, and Advanced Care Staffing in the cellar space. The leases have varied terms remaining; Blink Fitness has nearly 11 years of term remaining, Emblem Health with over 7 years of term remaining, and Advanced Care Staffing with over 3 years of term remaining.

Investment Highlights

  • Multi-Tenant Asset Located on a Highly Trafficked Roadway
  • Modern Design with Complete Renovation in 2017
  • Attractive Rental Increases Throughout All Lease Terms

Exclusively Listed By

  • Scott Plasky

    Licensed Real Estate Salesperson

    (212) 430-5229

    Email Scott

    License(s): NY: 40PL1176852

    Manhattan

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Financing By

Miscellaneous

Blink Fitness | EmblemHealth | Advanced Care Staffing

Listing Price: $17,000,000

Cap Rate
5.01%
Tenant Name
Blink Holdings Inc
Years Remaining On Lease
10.5
Guarantor
Corporate Guarantee
Rentable SF
29,160
Lease Type
Modified Gross
Rent Per Square Feet
$29.22

Investment Highlights

  • Multi-Tenant Asset Located on a Highly Trafficked Roadway
  • Modern Design with Complete Renovation in 2017
  • Attractive Rental Increases Throughout All Lease Terms

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Multi-Tenant asset located at 932 Southern Boulevard in Bronx, New York. The site consists of roughly 28,390 rentable square feet of building space on an estimated 0.17 acre parcel of land. The tenants include Blink Fitness on the second and third floor, Emblem Health on the ground floor and lower level, and Advanced Care Staffing in the cellar space. The leases have varied terms remaining; Blink Fitness has nearly 11 years of term remaining, Emblem Health with over 7 years of term remaining, and Advanced Care Staffing with over 3 years of term remaining.

Exclusively Listed By

  • Scott Plasky

    Licensed Real Estate Salesperson

    (212) 430-5229

    Email Scott

    License(s): NY: 40PL1176852

    Manhattan

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Financing By

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