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    6553 State Route 88 Sodus, NY 14551

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    For Sale
    $331,411

    NNN leased Advance Auto in Sodus, NY for sale.

    Property size:
    5,000 SF
    Lot size:
    0.38 Acres

    Property Features for 6553 State Route 88

    General Information

    Size
    5,000 SF
    Lot size
    0.38 Acres

    Source: Matthews Real Estate Investment Services Agent Nick Hahn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Advance Auto Investment Opportunity

    This property is leased to Advance Auto, a publicly traded company (NYSE: AAP) with over 4,700 locations primarily in the United States and ranking #358 on the Fortune 500 list. The tenant has operated successfully at this location for over 10 years and recently exercised a 5-year renewal through June 30, 2030, demonstrating a strong commitment to the site. The tenant is currently paying $6.27 per square foot. There are no remaining option periods, offering a potential upside for a buyer to restructure the lease and rents. This is the only Advance Auto servicing Sodus, NY, with the nearest other location over 6 miles away. Auto parts are considered a non-discretionary purchase and benefit from in-person urgency and technical guidance. The area has experienced consistent population growth over the past 5 years, with similar growth projected in the future. The property is 5,000 square feet and suitable for auto shops, automotive properties, retail, and specialty purposes.
    Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Rowe Automotive Services, Winders Collision

    Location Insight

    • Map
    • Local Demand
    City
    Sodus
    County
    Wayne
    State
    New York
    Longitude
    -77.076538
    Latitude
    43.23866

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    FAQs

    What type of property is this?
    Auto shop - NNN leased Advance Auto in Sodus, NY for sale.
    Where is this auto shop located?
    The property is located at 6553 State Route 88 Sodus, NY.
    What is the asking price?
    The asking price for this property is $331,411.
    What are key features of this property?
    This property features: - Tenant recently exercised a 5-year renewal through June 30th, 2030, demonstrating commitment.; - Tenant has successfully operated at this location for 10+ years, indicating stability.; - Only Advance Auto servicing Sodus, NY, with limited nearby competition.
    (951) 847-4541
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6553 State Route 88 Sodus, NY 14551
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