B+E, the first tech-driven brokerage and trading platform for net lease real estate, has announced that the Mount Kisco, New York, HomeGoods retail property is for sale for $7,450,000.
The building, located at 3 East Main Street, is +/- 24,834 square feet on +/- 1.24 acres of land and includes parking. The property carries a cap rate of 5.5 percent and a 10-year NN lease with four, five-year renewal options.
“This is an excellent investment opportunity with a highly recognizable and trusted lessee,” said Spencer Henderson of B+E. “HomeGoods is owned by TJX Companies, Inc. and did over $4 billion in sales in 2017 which represents a 12 percent increase from the prior year. There are currently 716 HomeGoods locations, and the company plans on opening 85 stores in fiscal 2019.”
Source: Mann Publications