1100 Leggett Avenue — Sale in Bronx, NY
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Bronx, NY 10474
- Size: 61,362 SF
- Year built: 2022
Photos
Description
Jones Lang LaSalle (“JLL”) has been retained on an exclusive basis to arrange the sale of 1100 Leggett Avenue (the “Property”), a newly constructed, 61,362-square-foot build-to-suit facility located in the highly desirable Hunts Point submarket of the Bronx, New York. Completed in 2024, the Property is 100% leased to CHEP USA, a wholly owned subsidiary of investment-grade credit parent company Brambles Limited (S&P: A-), with 7.7 years remaining on the lease term. CHEP USA has maintained operations in Hunts Point for decades, demonstrating their long-term commitment to the area. The Property is located just 5 minutes from Hunts Point Food Distribution Center (the world’s largest food distribution center), 15 minutes from LaGuardia Airport, and 5 minutes from major roadway I-278, providing immediate connectivity to New York City and the greater Tri-State Region (20.3 million people)—the most densely populated distribution base in America. Moreover, the Property provides immediate, toll-free access to the Upper East Side of Manhattan, the most affluent submarket in the U.S. 1100 Leggett Avenue provides prospective investors a rare opportunity to acquire a modern, mission-critical asset with a long-term lease backed by an investment-grade credit parent company, located in one of the most desirable industrial markets in the country: New York City.
Market Context
This industrial in Bronx, NY is listed for sale across 61,362 SF. The building dates to 2022. Compare it against other industrial listings for sale in Bronx, NY — view the full market.
Estimated Price per SF
$189.91/SF – $1,381/SF
Mid: $575.49/SF
Estimated price for 61,362 SF: $35,313,217 (range $11,653,257 – $84,751,967)
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Tyler Peck · 2126321802 · tyler.peck@jll.com
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