146 N Main St
Retail | 12.58% CAP | 5,066 SqFt
Marketing description
Exceptional opportunity to acquire a high-performing mixed-use automotive retail investment located at the signalized corner of N Main Street (Route 45) and Columbus Avenue in the heart of Spring Valley, NY.
The property consists of a 5,066 SF commercial service complex situated on a 0.47-acre parcel featuring four established operating businesses including a gas station, automated car wash, auto repair facility, and convenience store/mini mart. The asset is fully occupied under a long-term master lease providing stable income through 2033, with renewal options in place.
Strategically positioned along one of Rockland County’s busiest commercial corridors, the property benefits from exceptional visibility, strong traffic counts exceeding 17,000 vehicles daily, and dense surrounding population demographics. Spring Valley is one of the fastest-growing and most densely populated communities in the region, creating consistent demand for automotive and convenience-oriented services.
This is a rare opportunity for investors seeking strong in-place cash flow, long-term stability, and a recession-resistant automotive retail asset in the greater New York metro market.
Investment highlights
- 12.58% Cap Rate with strong in-place cash flow
- Absolute Prime Corner Location on N Main St / Route 45 with approx. 17,000+ vehicles per day
- Long-Term Tenant Stability — 10-year master lease in place through August 2033 with renewal option
- High Barrier-to-Entry Asset in densely populated Rockland County market
- Growing Demographics — Spring Valley population growth of over 32% since 2000
- Turnkey Investment Opportunity with cooperative tenant and operational businesses in place
- Commercial GB Zoning allowing strong long-term usability and positioning
- Strong Retail Corridor Presence surrounded by national and local businesses
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