Auto Shop NNN
991 State Route 13 Cortland, NY 13045
991 State Route 13, Cortland, NY, 13045
$299,900
For Sale
$299,900
Triple-net lease with annual increases and a tenant in place for an auto shop on Route 13.
Property Size2,688 SF
Lot Size1.27 Acres
Price / SF$111.57
Days on Market181
Property Features for 991 State Route 13
General Information
- Standard status
- Active
- Size
- 2,688 SF
- Lot size
- 1.27 Acres
Listing agency
Warren Real Estate of Ithaca Inc.
(607) 342-0778
Listed by
Kathleen M Markowski · License #30MA0818780
(607) 342-0778
Source
Exprealty
Added: Jan 21 Updated: Jul 21 at 2:53AM Checked: Jul 21 at 2:53AM
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 Warren Real Estate of Ithaca Inc.
Investment Insights
Based on property information with market context.
This solid auto shop property offers an income-producing setup with a tenant (Enterprise car) in place under a triple-net lease structure featuring annual increases. The building is described as being in excellent condition with extensive renovations and well-maintained improvements, including a new metal roof and overhead doors. Signage is in place, supporting on-site identification.
Located at 991 State Route 13 in Cortland, New York, the property is positioned in a high-traffic area with visibility along New York State Route 13. The site includes municipal services and a paved parking lot with plenty of on-site parking, supporting customer and vehicle access for daily operations.
Additional property details include a 10-year lease term with a five-year option, providing defined occupancy duration for investors. With low-maintenance site and building components, the property is presented as a practical NNN asset for buyers seeking a maintained, cash-flow oriented commercial real estate investment.
Located at 991 State Route 13 in Cortland, New York, the property is positioned in a high-traffic area with visibility along New York State Route 13. The site includes municipal services and a paved parking lot with plenty of on-site parking, supporting customer and vehicle access for daily operations.
Additional property details include a 10-year lease term with a five-year option, providing defined occupancy duration for investors. With low-maintenance site and building components, the property is presented as a practical NNN asset for buyers seeking a maintained, cash-flow oriented commercial real estate investment.
Key Highlights
- 1.27‑acre property on New York State Route 13 with tenant (Enterprise car) in place
- Triple‑net lease with annual increases
- 10‑year lease with five‑year option
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Dovi Motors, Inc. Service — 263 Tompkins St, Cortland, NY 13045
- Mr. Tire Auto Service Centers — 1013 NY-13, Cortland, NY 13045
- O'Shea Tire & Service Center — 270 Tompkins St, Cortland, NY 13045
- Jiffy Lube — 840 NY-13, Cortlandville, NY 13045
FAQs
What type of property is this?
Auto shop - Triple-net lease with annual increases and a tenant in place for an auto shop on Route 13.
Where is this auto shop located?
The property is located at 991 State Route 13 Cortland, NY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1.27‑acre property on New York State Route 13 with tenant (Enterprise car) in place; Triple‑net lease with annual increases; 10‑year lease with five‑year option
