431 Genesee St - Auto Repair FOR SALE


Chittenango, NY 13037
$1,600,000 USD
469-868-4798
431 Genesee St, Chittenango, NY for Sale
$1,600,000 USD
Auto Repair - FOR SALE
1/3
null | 7.5% Cap Rate

431 Genesee St
Chittenango, NY 13037


HIGHLIGHTS

  • Constructed in 2007 as a built-to-suit for Advance Auto Parts.
  • Tenant recently executed an early lease extension through November 2032 —reflecting long-term operational commitment.
  • Chittenango is positioned within the Syracuse MSA, and features close proximity to I-90, which sees ±36,300 vehicles daily.
  • Strong retail synergy with surrounding national tenants including Burger King, Best Buy, Home Depot, Dick’s Sporting Goods, Marshalls, Dollar General
  • Strong average household income of $121,032 in a 5-mile radius.
  • Advance Auto Parts adjusted the rent commencing in the extended term, boosting store profitability and ensuring long-term success at this location.

OVERVIEW

Broker of Record Cory Rosenthal License # 10311210106 (NY), 10991237833 (NY) Matthews Real Estate Investment Services, Inc 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$244 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Advance Auto Parts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

Commercial

APN/PARCEL ID

254801-041-081-0001-047-000-0000

ASK ABOUT THIS PROPERTY

Landon ReynoldsMatthews Real Estate Investment ServicesMore Info
469-868-4798

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Landon ReynoldsMatthews Real Estate Investment ServicesMore Info
469-868-4798

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.