$ 12,950,000.00 |
Sale |
Brand new TD Ameritrade 15 YR 12.5 % increaases
TD Ameritrade property located at 880 Central Park Avenue in Scarsdale
(Westchester County), NY (the “Property�). The Property is located on
a significant north/south thoroughfare in Westchester County, and is 30
miles north of Manhattan, New York City.
The Property is +/- 6,510 square feet on +/- 0.24 acres with 17 parking
spaces. TD Ameritrade is operating under a new 15 year lease term,
immediately followed by two, 5-year option periods. The lease features
12.5% rental escalations every five years. Additionally, the net lease offers
landlord limited responsibilities to capital expenditures for the roof,
structure and maintenance with tenant reimbursement.