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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

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.
More about this property
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