NEW YORK, NY, January 21, 2019 /24-7PressRelease/ -- B+E, the first tech-driven brokerage and trading platform for net lease real estate, today announced that the new Mount Kisco Homegoods retail property located at 3 East Main Street, Mount Kisco, NY is for sale for $7,450,000.
The building is +/- 24,834 SF on +/- 1.24 acres of land and includes parking. The property carries a cap rate of 5.5% and a new 10-year NN lease with 4, 5-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% increase from the prior year. There are currently 716 HomeGoods locations, and the company plans on opening 85 stores in fiscal 2019."
B+E is a modern investment brokerage firm, specializing in net lease real estate and 1031 exchanges. The firm help clients buy and sell single tenant real estate. Founded by deeply experienced brokers, B+E redefines trading through an intuitive end-to-end transaction platform comprising of user-friendly dashboards and an AI-driven exchange — all leveraging the largest data set in the net lease industry. Complementing senior talent with exceptional technology, B+E's proprietary process affords greater speed, unrivaled transaction efficiencies, and stronger asset value. With offices in New York, Chicago, Tampa, and San Francisco, its brokers trade property for clients across the US. B+E allows virtually anyone to confidently trade net lease real estate.
Press Release Contact:
John Vita
John Steven Vita Communications
[email protected]
847/853-8283
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