431 Genesee St Chittenango, NY 13037
NN leased Advance Auto Parts with renewal options.
Property size:
7,044 SFLot size:
0.72 AcresProperty Features for 431 Genesee St
General Information
- Size
- 7,044 SF
- Lot size
- 0.72 Acres
Source:
Moodyscre
Listing Agent: Matthew Mousavi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Chittenango Auto Parts Investment Property
This property features an Advance Auto Parts investment opportunity in Chittenango, New York. The tenant, Advance Stores Company, Inc., has approximately 3 years remaining on the lease, with 3 (5-year) options to extend. The lease structure is NN with limited landlord responsibilities. The lease includes 5% rental increases at the beginning of each option period. The property is suitable for passive investors seeking a low-management investment. The building has a size of 7,044 square feet. Advance Auto Parts has over 4,000 locations across the United States, Canada, and Mexico.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Advance Auto Parts
Tool Rental Service
UPS Access Point ...
Shipping And Mailing Service
Similar Places Nearby
Burgun Automotive, Car Care Center, gmps-sunchevy, Sun Chevrolet Service Center, J & D Tire Tech
Location Insight
- Map
- Local Demand
- City
- Chittenango
- County
- Madison
- State
- New York
- Longitude
- -75.8664623
- Latitude
- 43.0513494
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - NN leased Advance Auto Parts with renewal options.
Where is this auto shop located?
The property is located at 431 Genesee St Chittenango, NY.
What is the asking price?
The asking price for this property is $1,497,000.
What are key features of this property?
This property features: - NN lease with limited landlord responsibilities, ideal for passive income.; - Established tenant: Advance Auto Parts, a national brand.; - Lease includes **5% rental increases** at option periods.