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.
About the Investment
Multi-Tenant Asset Located on a Highly Trafficked Roadway
Modern Design with Complete Renovation in 2017
Attractive Rental Increases Throughout All Lease Terms
Unique Opportunity to Own a Strong Asset in a Growing Bronx Market
About the Location
Dense Retail Corridor | Walgreens, Aldi, Rite Aid, Marshalls, Dollar General, Dollar Tree, Planet Fitness, TD Bank, Five Below, Burlington, McDonald’s, Popeye’s, and Dunkin’, and Many More
Yankee Stadium | Two Miles Away | Home to New York’s Most Popular Sports Team | 40,000 Attendants Per Game
Highly Trafficked Area | Southern Boulevard and Interstate 278 Average 12,300 and 100,200 Vehicles Each Day
Affluent Community | Average Household Income Exceeds $83,000 within a Five-Mile Radius
Hunts Point Produce Market | One Mile South | The Center of New York’s Food Trade
Robust Population | 1,090,225 Individuals within a Three-Mile Radius | 2,551,114 Individuals within Five