2257 New York 112 - Freestanding FOR SALE
Coram, NY 11727 |
$1,500,000 USD
858-373-3184
2257 New York 112
Coram, NY 11727
HIGHLIGHTS
- Long Term Absolute Net Ground Lease featuring an 8% Rental Increase in 2034 and Each Option. Brand New 2025 High Quality Construction.
- Positioned Along Area’s Retail & Traffic Corridor: Features Easy Access and Excellent Visibility along Route 112.
- AutoZone has a S&P Investment Grade Credit Rating of “BBB” and is Ranked #236 on the Fortune 500 List.
- The Company has an Annual Revenue of more than $18.49 Billion with over 7,000 Stores Nationwide.
- The City of Coram is part of a Thriving Long Island Retail Region, making this Property a Secure and Appreciating Asset in a Competitive Market.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $130k and over 185k People Residing within a 5-Mile Radius.
OVERVIEW
Thriving Long Island Retail Region | Brand New 2025 Construction | Densely Populated and Affluent Area: $130k+ Avg. HHI | Along Route 112 | Immediate Access to/from NY-25 | Investment Grade Credit Tenant
New York Broker of Record: John Horowitz | 260 Madison Ave., 5th Floor New York, NY 10016 | P: 212-430-5261 | Lic.# 10311204479 | John.Horowitz@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$1,500,000 USD
CAP RATE
4%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
AUTOZONE (NYSE: AZO) | ABSOLUTE NET GROUND
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Auto Repair, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
-
APN/PARCEL ID
0200-450-00-03-00-013-000
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858-373-3184
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858-373-3184
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