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Auto Shop NNN Investment
For Sale
$299,900

991 STATE ROUTE 13, Cortland, NY 13045

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 Market251

Property Features for 991 STATE ROUTE 13

General Information

Standard status Active
Size 2,688 SF
Lot size 1.27 Acres
Property subtype General Commercial

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $11,000

Amenities

Gas
3
Metal
30 Parking Spaces.
192X288

Building Details

Year Built 1995
Stories 1
Tenancy Single
Listing Agency: Warren Real Estate of Ithaca Inc.
Listed By: Kathleen Markowski · License #30MA0818780
Source: Xome
Added: Dec 28, 2025 Changed: Sep 2 Last Checked: Sep 5 at 3:42AM

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.

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

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage Law Firm Garden Center Dental Office

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

Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

233
Businesses Nearby
Well-served
Demand for This Use

Demographics for 13045, NY

28,406
Population
12,420
Households
2.3
Avg Household Size
36
Median Age
30%
College-Educated
90%
High-School Grad
107.9 sq mi
ZIP Area
263
Density / Sq Mi
$67,028
Median Household Income
$33,869
Median Earnings
$905
Median Rent
$162,700
Median Home Value

Market

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
Rey
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Similar Off Market Nearby

  • Jiffy Lube 840 NY-13, Cortlandville, NY 13045
  • Mr. Tire Auto Service Centers 1013 NY-13, Cortland, NY 13045
  • Dovi Motors, Inc. Service 263 Tompkins St, Cortland, NY 13045
  • O'Shea Tire & Service Center 270 Tompkins St, Cortland, NY 13045

Frequently Asked Questions

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
More about this property
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