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32983347
32983939

146 N Main St, Spring Valley, NY 10977

Nationwide Homes
Nationwide Houses LLC
Listed by Nationwide Homes, Nationwide Houses LLC
$6,399,000
4 days on market
Updated 4 days ago

146 N Main St

Details
APN 392605-057-023-0001-025-000-0000
Property Type Retail, Business for Sale
Sub Type Convenience Store, Gas Station (+1)
Square Footage 5,066
Cap Rate 12.58%
NOI $805,411
Occupancy 100%
Tenancy Single
Lease Type Modified
Lease Term 10
Lease Expiration 09/01/2033
Remaining Term 7.2
Rent Bumps Yes
Pro-Forma Cap Rate 14.00%
Price per SqFt $1,263
Year Built 2000
Acreage 0.470
Zoning GB-Commercial/Professional
Parking Spaces 8 spaces
Parking Per SqFt 1.58
Investment Type Stabilized
Lease Commencement 09/01/2023
Ground Lease No

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

Listing Contacts

Nationwide Homes
Nationwide Houses LLC
Listed by Nationwide Homes, Nationwide Houses LLC

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$805,410.52
$67,117.54/mo

Valuation Metrics

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DSCR
12.59%
Cap Rate
12.59%
ROI

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Additional Information

Name
Moataz Ghounem
License
109940195
Brokerage
Nationwide Homes
Title
Broker of Record
Brokerage Address
331 Newman Springs rd #320 RED BANK , NJ 07701
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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