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AutoZone NNN Ground Lease

2241 Route 112, Coram, NY 11727

For Sale
New
Contact for pricing

The tenant pays property taxes, insurance, and maintenance under the absolute NNN lease structure.

Property SizeContact for details
Lot Size0.68 Acres
Days on Market7

Property Features for 2241 Route 112

General Information

Standard status Active
Lot size 0.68 Acres
Property subtype Retail
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes
In-Place Lease Type Absolute NNN
Current Tenants AutoZone Parts, Inc.
Real Estate Included Yes

Building Details

Tenancy Single
Listing Agency: Charter Realty & Development Westport
Listed By: Dan Zelson · License #CT REB.0016057
Source: Crexi
Added: Nov 3 Changed: Nov 8 Last Checked: Nov 8 at 5:44PM

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 Charter Realty & Development Westport

Rey
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Investment Insights

Based on property information with market context.

The AutoZone store contains 6,816 square feet on a 0.68-acre parcel in Coram, New York. The store opened in 2026 and is occupied under a 15-year ground lease that began January 1, 2024, and ends December 31, 2038. AutoZone, Inc. guarantees the lease for its full term and extension periods. The tenant handles taxes, insurance, and property maintenance. Rent increases 8% in January 2034 and at each of four five-year renewal options; each option renews automatically unless the tenant gives six months’ notice.

The property is on Route 112 near its intersection with NY-25, by Coram Plaza and The Home Depot. Route 112 connects the site to Exit 64 of the Long Island Expressway (I-495), approximately 3.5 miles to the south.

Key Highlights

  • 6,816‑square‑foot AutoZone store on a 0.68‑acre parcel
  • 15‑year ground lease runs from January 1, 2024, through December 31, 2038
  • AutoZone, Inc. guarantees the lease for its full term and extensions

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Auto Parts Store Law Firm Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

519
Businesses Nearby
112k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 49% Home Improvements & Furnishings 30% Shops & Services 20% Electronics 1%
The Home Depot Home Improvements & Furnishings
33,686 visits/mo 0.4 miles
McDonald's Dining
20,269 visits/mo 0.3 miles
Burger King Dining
13,856 visits/mo 0.4 miles
Taco Bell Dining
11,738 visits/mo 0.5 miles
7-Eleven Shops & Services
9,158 visits/mo 0.1 miles

Demographics for 11727, NY

29,716
Population
11,851
Households
2.5
Avg Household Size
42
Median Age
34%
College-Educated
91%
High-School Grad
9.4 sq mi
ZIP Area
3,161
Density / Sq Mi
$101,515
Median Household Income
$59,901
Median Earnings
$2,504
Median Rent
$410,300
Median Home Value

Market

Properties on Market for NNN properties in Suffolk County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
NNN property - The tenant pays property taxes, insurance, and maintenance under the absolute NNN lease structure.
Where is this nnn property located?
The property is located at 2241 Route 112 Coram, NY.
What is the asking price?
The asking price for this property is $1,333,333.
What are key features of this property?
This property features: 6,816‑square‑foot AutoZone store on a 0.68‑acre parcel; 15‑year ground lease runs from January 1, 2024, through December 31, 2038; AutoZone, Inc. guarantees the lease for its full term and extensions
(203) 227-2922 · Office Call to check price and availability
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