38 Pennsylvania Ave Binghamton, NY
Call to check price and availability
AutoZone in Binghamton, NY with zero landlord responsibilities.
Type:RETAIL
Property size:
4,000 SFLot size:
0.49 AcresPrice / SF:
$203/SF- Added:
- Nov 5, 2024
- Days on Market:
- 534
- Last Refresh:
- Apr 5 at 10:36 pm
Property Features for 38 Pennsylvania Ave
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 0.49 Acres
- Property subtype
- RETAIL
Listing agent Asher Wenig
Listing office SAB (646) 809-8856
Listing date Nov 5, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SAB
Overview
AutoZone Binghamton NNN Ground Lease
This property in Binghamton, NY, is an AutoZone location less than 1 mile from downtown. It operates under an absolute Triple Net (NNN) ground lease structure, offering zero landlord responsibilities. AutoZone, with an S&P rating of BBB and over 6,100 stores nationally, provides a strong corporate guaranty. As an automotive-oriented tenant, the business is protected against e-commerce and recession, supported by a loyal customer base, with 48.6% of customers visiting 5 or more times. The property is situated in a dense retail trade area with 1.4 million square feet of retail within a 1-mile radius and dense demographics, including over 97,000 full-time residents within a 5-mile radius. Its prime location is across the street from UHS Binghamton General Hospital. Nearby national retailers include Walgreens, Weis Markets, and M&T Bank. The property size is 4,000 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
AutoZone Auto Parts
Auto Parts Store
Similar Places Nearby
- New York Auto Radiator, Inc. — 146 Susquehanna St, Binghamton, NY 13901
- V.I.P Taxi — 157 S Washington St, Binghamton, NY 13903
- Immaculate Rentals — 2 Hawley St, Binghamton, NY 13901
Location Insight
- Map
- Local Demand
- City
- Binghamton
- County
- Broome
- State
- New York
- Longitude
- -75.9167
- Latitude
- 42.0877
Nearby Similar for Sale
FAQs
What type of property is this?
Automotive property - AutoZone in Binghamton, NY with zero landlord responsibilities.
Where is this automotive property located?
The property is located at 38 Pennsylvania Ave Binghamton, NY.
What is the asking price?
The asking price for this property is $815,534.
What are key features of this property?
This property features: Absolute Triple Net (NNN) ground lease with zero landlord responsibilities.; Strong corporate guaranty from AutoZone (S&P: BBB), operating 6,100+ stores nationally.; Prime location across the street from UHS Binghamton General Hospital.
