Listed by RIPCO Real Estate
$3,233,604
22 Westmoreland Ave
Details
APN 1700-125-082-00001-000-0009
Property Type Industrial
Sub Type Warehouse, Free Standing Building
Square Footage 7,993
Units 1
Cap Rate 6.00%
NOI $194,016
Tenancy Single
Brand/Tenant Advanced Auto Parts, Advance Auto Parts, Inc.
Lease Expiration 12/31/2030
Year Built 1970
Buildings 1
Stories 2
Acreage 0.320
Zoning B-3
Investment Type Net Lease
Lease Commencement 01/01/2026
Ceiling Height 16' - 20'
Retail | 6.00% CAP | 7,993 SqFt
Marketing description
22 Westmoreland Ave is an income producing industrial/warehouse property located in the heart of Downtown White Plains, NY, occupied by Advance Auto Parts, Inc. The property features a new lease renewal commitment that underscores the tenant's long-term stability and continued presence at the location.
Investment highlights
- #1 Long Term Tenant, Advance Auto Parts, Inc. The new lease renewal commitment underscores the tenant's long-term stability and continued presence at the location.
- #2 Strategically Positioned in heart of Downtown White Plains, NY Advanced Auto Parts Tenant renewal adds operational convenience and reduces expenses for the property, enhancing long term value for buyer.
- #3 Attractive Pricing and CAPRate Offered at $3,233,604 with a 6% cap rate, presenting a rate opportunity to acquire a high quality investment at affordable price point.
- #4 Recession-Resilient Asset Vehicle service have historically performed well in all economic climates, ensuring stability during market fluctuations.
- #5 Great Access The property benefits from multiple access points and dedicated immediate parking ensures convenient and seamless entry for potential customers.
Listing Contacts
Listed by RIPCO Real Estate
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$194,016.24
$16,168.02/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
Map
Zoning
B-3 CommercialSpecial CommercialIntermediate Business
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View all 102 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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