Auto Parts
Autozone
38 Pennsylvania Ave, Binghamton, NY 13903
Listing Price: $933,000
Cap Rate
4.50%
Tenant Name
AutoZone, Inc.
Years Remaining On Lease
6.7
Guarantor
Corporate Guarantee
Rentable SF
3,936
Lease Type
Ground Lease
Rent Per Square Feet
$10.67
Investment Overview
A rare opportunity to purchase an AutoZone for under one million dollars with six years remaining. A great investment for anyone in a 1031 exchange looking for a triple net lease property.
Listing Price: $933,000
Cap Rate
4.50%
Tenant Name
AutoZone, Inc.
Years Remaining On Lease
6.7
Guarantor
Corporate Guarantee
Rentable SF
3,936
Lease Type
Ground Lease
Rent Per Square Feet
$10.67
Investment Highlights
- Strong Corporate Credit Lease Guarantee
- 173,990 People Wthin 10 Miles
- Over 6 Years Remaining
- Recession Proof Essential Business
- E-Commerce Proof Resilient Business
- Long Operating History: Over 24 Years As an AutoZone
Investment Overview
A rare opportunity to purchase an AutoZone for under one million dollars with six years remaining. A great investment for anyone in a 1031 exchange looking for a triple net lease property.
