Automotive Anchored Commercial Opportunity

$2,150,000

281 Tarrytown Road, White Plains, NY 10607

For Sale

Retail Unknown Sub Type

Active

Last Updated: 09/25/2025

Cap Rate: 7.25%

Building Size: 3,925 sqft

Occupancy: 100%

Lease Type: Modified Gross

Stable Cash Flow: The property is 100% occupied by established businesses, anchored by a successful AAMCO Transmissions & Total Car Care operator.
Advantageous Lease Structure: Tenants are responsible for all utilities and non-structural repairs, ensuring net income growth over time.
Anchor Tenant: The AAMCO lease includes annual rent increases tied to CPI (average 3.09% per year from 2016-2025). The tenant is responsible for 85% of tax increases over base year (2024).
Strong Retail Corridor with Automotive Focus: Neighbors within 1 mile along Tarrytown Road include Tesla, Volkswagen, Kia, Nissan, Lexus, BMW, Infiniti, Mini, Land Rover, Volvo, Subaru, Lincoln, Mazda, Mavis, AutoZone, Enterprise, Harbor Freight, BJ’s, PGA Tour Superstore, HomeGoods, DSW, Men’s Warehouse, New Balance, Raymour & Flanigan, Bowlero, and Saks.
Access to Major Thoroughfare: The on/o¡ ramp for I-287 is less than half a mile away.

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