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- LoopNet Team
460 Bedford Rd
Pleasantville, NY 10570
Tutor Time Learning Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 6.3% Cap Rate - N.O.I. $158,943.00
- Hedge Against Inflation
- Walkable distance to Pleasantville Train Station
- Highly Successful Daycare Center
PROPERTY FACTS
AMENITIES
- Bus Route
- Public Transport
ABOUT 460 BEDFORD RD , PLEASANTVILLE, NY 10570
• Tutor Time Learning Center in Pleasantville | High Barriers to Entry, Westchester County | 30 Miles North of Manhattan ------------------------------------------------------------------------------------------------------------ • Minimal Landlord Responsibilities | 18-Year Operating History ---------------------------------------------------------------------------------------------- -------------- • Corporate Guaranty | Wholly Owned Subsidiary of Learning Care Group Incorporated (Inc) | 900 Locations in the United States ------------------------------------------------------------------------------------------------------------- • Hedge Against Inflation | 1.5 Percent Annual Rent Bumps ------------------------------------------------------------------------------------------------------------- • Significant Capital Improvements | New Roof Installed in 2015 | Tenant Contributed to Cost ------------------------------------------------------------------------------------------------------------- • Signalized, Hard Corner Location at Intersection of Bedford Road and Marble Avenue | More Than 14,000 Vehicles Per Day (VPD) ------------------------------------------------------------------------------------------------------------- • “Very Walkable” With Strategic Access to Transit | Redfin Walk Score: 89 | Adjacent from Pleasantville Train Station | Metro-North Harlem Line Sees More than 43,000 Daily Riders ------------------------------------------------------------------------------------------------------------- • Affluent Demographics | Average Household Income (AHHI) Within One Mile is More Than $160,000 | More Than 103,000 Residents within Five Miles ------------------------------------------------------------------------------------------------------------- • Local Development | Multi-Residential Project Encompassing 80 Luxury Townhomes with an Additional 60 in the Next Two Years | Less Than Half a Mile Away ------------------------------------------------------------------------------------------------------------- • Additional Tenants in the Immediate Vicinity Include: Dunkin’ Donuts, Advance Auto Parts, Starbucks, 7-Eleven, Chase Bank, and Many More -------------------------------------------------------------------------------------------------------------
PROPERTY TAXES
| Parcel Number | 3403-106-006-00005-004-0000 | Improvements Assessment | £21,435 |
| Land Assessment | £2,632 | Total Assessment | £24,067 |
PROPERTY TAXES
