Auto Parts Retail NNN
1721 Main St Peekskill, NY 10566
For Sale
Contact for pricing
AutoZone store with 15-year absolute NNN lease, corporately guaranteed by AutoZone Inc.
Property Size7,000 SF
Days on Market105
Property Features for 1721 Main St
General Information
- Standard status
- Active
- Size
- 7,000 SF
- Property subtype
- Retail
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Apr 10
Changed: Jul 23
Last Checked: Jul 23 at 10:55AM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
Fortis Net Lease presents a 7,000 SF AutoZone store at 1721 Main St, Peekskill, NY. The property is subject to a Fifteen (15) Year Absolute NNN lease designed to leave zero landlord responsibilities. The store has been open since rent commenced on 4/1/2017, and the lease is corporately guaranteed by AutoZone Inc., which is identified in the offering as having a “BBB” credit rating (investment grade). The lease includes four (4) five-year renewal options, with a 10% rental rate increase at each option period starting in the second option.
The store is described as highly visible and is strategically positioned in Peekskill. It sits adjacent to, and shares a common wall with, a Family Dollar anchored shopping center. The offering also cites demographics including a five-mile population exceeding 79,000 and a one-mile median household income exceeding $56,000 per year.
The store is described as highly visible and is strategically positioned in Peekskill. It sits adjacent to, and shares a common wall with, a Family Dollar anchored shopping center. The offering also cites demographics including a five-mile population exceeding 79,000 and a one-mile median household income exceeding $56,000 per year.
Key Highlights
- 7,000 SF AutoZone store in Peekskill, NY
- 15‑year absolute NNN lease in place with zero landlord responsibilities
- AutoZone Inc. corporately guarantees the lease; tenant is Investment Grade (credit rating “BBB”)
Property Analytics
Location Intelligence
Current Use by Public Records
AutoZone Auto Parts
Auto Parts Store
AUTOZONE 4730
Auto Parts Store
FAQs
What type of property is this?
Retail space - AutoZone store with 15-year absolute NNN lease, corporately guaranteed by AutoZone Inc.
Where is this retail space located?
The property is located at 1721 Main St Peekskill, NY.
What are key features of this property?
This property features: 7,000 SF AutoZone store in Peekskill, NY; 15‑year absolute NNN lease in place with zero landlord responsibilities; AutoZone Inc. corporately guarantees the lease; tenant is Investment Grade (credit rating “BBB”)
