38 Pennsylvania Ave - Freestanding FOR SALE
Binghamton, NY 13903 |
38 Pennsylvania Ave
Binghamton, NY 13903
HIGHLIGHTS
- Strong Guarantee – This lease is guaranteed by AutoZone which operates over ±6,900 locations worldwide and is the nation’s #1 auto parts chain.
- Passive Lease Structure – This is an absolute NNN ground lease, offering a hands-off investment opportunity that minimizes landlord responsibilities.
- Strategic Location – Strategically positioned on the south side of Binghamton next to Weis Market and Walgreens, driving traffic in the area
- Hard, Signalized Corner – Located on the corner of Pennsylvania and Vestal Avenue, combined the asset sees ±11,000 vehicles per day
- Binghamton Market – Located within ±2.5 miles of Binghamton University with a student population of 18,300 and over 6,000 full time employees.
- Ideal Investment – Priced at $800,000 this is one of the cheaper price point AutoZone properties on the market.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Autozone
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
4000
STORIES
1
YEAR BUILT
1999
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
030200-160-072-0004-011-000-0000
