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Build-to-Suit HomeGoods Goes on Market in Mt. Kisco
Tech-driven net lease trading platform B+E is listing a newly built-to-suit HomeGoods store in Mt. Kisco, NY for sale. Asking price is $7,450,000.
Located near Mt. Kisco’s Metro-North train station, the HomeGoods was announced this past August and is slated to open this year.
The building is approximately 24,834 square feet on about 1.24 acres of land, and includes parking. The property carries a cap rate of 5.5%, and a new 10-year double-net lease with four five-year renewal options.
“This is an excellent investment opportunity with a highly recognizable and trusted lessee,” said Spencer Henderson of B+E. “HomeGoods is owned by TJX Companies Inc. and did over $4 billion in sales in 2017 which represents a 12% increase from the prior year. There are currently 716 HomeGoods locations, and the company plans on opening 85 stores in fiscal 2019.”
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition

