Mount Vernon Shopping Center - ISA 2026_Property for Sale
Mount Vernon Shopping Center - ISA 2026_Property for Sale

Mount Vernon Shopping Center - ISA 2026

500 East Sandford Boulevard, Mount Vernon, NY, 10550, US

Description

Jones Lang LaSalle Americas, Inc. (“JLL”), a licensed real estate broker, is pleased to exclusively present the opportunity to acquire the North Parcel and/or South Parcel at Mount Vernon Shopping Center (the “Property” or “Center”).


The North Parcel is a 47,441 square foot single tenant property strategically located on 2.7 acres along East Sandford Boulevard. This exceptional retail asset is 100% occupied by Best Buy, an original tenant since 2003 (3 remaining renewal options), which has an investment grade rating of BBB from S&P. Per Placer.ai, the Best Buy is a top performer with 446,500 annual visits, sales of $27.5M ($580 PSF), and ranks in the top 16% nationwide.


The South Parcel is a 108,332 square foot regional shopping center that is 91% leased with a diverse and high-quality national tenant mix, including TJX (S&P: A), tenant sales of $12.5M, and Petco, as well as experiential retailer Fun City Adventure Park, with Target (S&P: A) serving as a shadow anchor. Per Placer.ai, the South Parcel gets 2.1 million annual visits and rank in the top 23% of retail centers nationally. The Center offers a durable income stream with a 6.1 year WALT and upside associated with an existing 9,316 SF vacancy.


The Property enjoys strong visibility along East Sandford Boulevard, which garners over 25,000 vehicles per day, providing easy access to major transportation arteries such as the Hutchinson River Parkway (100,000 vehicles per day) and US Route 1. Mount Vernon Shopping Center serves a dense population of 385,617 people within a three-mile radius, benefiting from its infill location less than ten miles north of Manhattan.


Mount Vernon Shopping Center represents the opportunity to acquire a 94% leased retail asset with significant income security along with upside potential in a high traffic location

within densely populated Westchester County. The North and South Parcels can be bought separately.

...

Attributes

Building area net
14,472 sm
Land area gross
3.38 ha
Parking spaces
1,350

Media

Investment highlights

  1. Secure And Low-Risk Income Stream From National Tenants With Value Enhancement Potential
  2. High Traffic Location With Strong Regional Access
  3. Strong Demographics And Retail Fundamentals
Mount Vernon Shopping Center - ISA 2026 4_Property for Sale
Mount Vernon Shopping Center - ISA 2026 4_Property for Sale

Contact brokers

Mount Vernon Shopping Center - ISA 2026 (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? Visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Jul 15, 2026