Planet Fitness - MPJ Barbershop 4225 White Plains Rd Local commercial 822 m² 100 % Loué À vendre Bronx, NY 10466 9 406 908 € (11 441,26 €/m²) Taux de capitalisation 6 %

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire the fee simple interest in the two-tenant building located at 4225 White Plains Road in Bronx, New York (the “Property”). The two-tenant building is fully leased to Planet Fitness and MPJ Barbershop and contains 8,850 square feet. Planet Fitness signed a rare 15-year lease demonstrating their commitment to the site and the market. Planet Fitness has 14+ years remaining on their lease with three (3), 5-year renewal options. MPJ Barbershop has 8+ years remaining on their lease. Both tenants have modified net leases that provide attractive rent increases throughout the primary lease terms and renewal options. Planet Fitness and MPJ Barbershop are situated in an incredible urban infill location in the Wakefield neighborhood in the Bronx. The Property is positioned at the signalized intersection of East 234th Street with White Plains Road, a major north-south throughfare that runs the length of the Bronx. White Plains Road is home to an extensive array of national and local retailers, dining, and entertainment amenities within walking distance, all of which drive traffic to the area. Several municipal bus lines stop near the Property on White Plains Road, and the 233rd Street and Nereid Avenue Subway Stations, offering service on the 2 and 5 Trains through Manhattan and into Brooklyn, are both a short walk away.