Bronx Archives | Sands Investment Group

Sands Investment Group is Pleased to Present Exclusively For Sale the 5,835 SF USA Car Wash Multi-Tenant Sale Leaseback Located at 955 Soundview Avenue in The Bronx, NY. Located in the Most Vibrant and Teeming City on Planet Earth, This Deal is Divided Among Four (4) Tenants and Five (5) Spaces. A Diverse Tenant Mix Showcases Near-Term Value-Add Yield With the Short WALT, Mid-Term Passive Income Stability of the Sale Leaseback, and a Long-Term Covered Land Play Due to the Nature of the Real Estate and the Potential to Go Vertical. Finally, This is an Owner-User Opportunity if USA Car Wash Were to Leave. All in, the Property Features a Diverse Mix of Current Tenants and is Easily Re-Tenantable on Short Term Notice, Providing For Both a Lucrative and Strategic Investment For Both the Institutional and Individual Investor.

Passive Net-Leased Investment: Diverse Investment Opportunity Showcasing Both a Sale-Leaseback and 3 Short-Term Leases Expiring in the Next Four (4) Years at Most; Unique Opportunity to Acquire Both Stable and Value-Add Assets in a Growing Rent/SF Market That Presents Near-Term Yield Pop in 2025 Via Fair-Market-Value Rental Resets
Tier 1 Situs and Demographics: Located in the Most Vibrant City in the United States, in the Center of it All Stands the 5,000+ SF Multi-Tenant Auto Facility That Not Only Sees 34,000+ VPD on Soundview Avenue But Also Has Highway Visibility to the Bruckner, One of the Busiest Highways in New York City (104,000+ VPD)
Long-Term Sale Leaseback: a Brand New Short Term Lease Will be Signed Upon Closing of Escrow Featuring 2 Years of Initial Term With Five (5) By Two (2) Year Options to Extend at FMV Rents and 3% Annual Rent Bumps Throughout the Entirety of the Lease, Providing an Excellent Hedge Against Inflation
Location: Located 11-Miles and 20 Minutes to Laguardia Airport, 9-Miles and 30 Minutes to Midtown Manhattan; the USA Car Wash and the Auto Complex Located on Soundview Avenue is One of Only 12 Car Washes Servicing 378,000+ Residents in a 3- Mile Radius and One of the Only Washes With Highway Frontage in The Bronx
Diverse Tenant Mix: Divided Among 4 Tenants and 5 Spaces, the Property Features a Diverse Mix of Current Tenants and is Easily Re-Tenantable on Short Term Notice; Additionally, Investors Have the Opportunity to Have Total Control of the Property By Mid-2026

In Cooperation With SIG RE Services NY LLC – Lic. #10991233211 BoR: Andrew Ackerman – Lic. NY #10491210161

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