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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.

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

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (718) 475-4300

    License(s) NY: 10311204479

    New York

Financing By

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.

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (718) 475-4300

    License(s): NY: 10311204479

    New York

Financing By

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