Advance Auto Parts for Sale in Coram, NY
Coram, NY
Key Investment Metrics
Price
$1,411,765
Cap Rate
4.3%
Net Operating Income
$60,000
Building Size
6876 SF
Land Area
1 Acres
Remaining Term
12.5 years
Lease Expiration
12/31/2038
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2025
Tenancy
Single
Rent Increases
8% every 5 Years
AI illustration · Not the listed propertyProperty overview
Advance Auto Parts in Coram
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 6,876 SF
- Land area
- 1 acres
- Year built
- 2025
- Lease type
- Absolute NNN
- Lease expiration
- 12/31/2038
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.