AutoZone - NNN Net Lease Property for Sale

About This AutoZone Net Lease Property

This AutoZone NNN (triple net lease) property is located in Peekskill, NY and represents an excellent investment opportunity for commercial real estate investors. The property features9100 square feet of building space and was built in 2020.

With a cap rate of 7.3%, this AutoZone net lease property offers stable income potential. The asking price is $1,281,575, making it an attractive option for 1031 exchange investors seeking quality AutoZone commercial properties.

Why Invest in AutoZone NNN Properties?

• Stable Income: AutoZone net lease properties provide predictable cash flow with minimal landlord responsibilities.
• Strong Tenant: AutoZone is a nationally recognized brand with proven operational success.
• 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
• Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.

Peekskill, NY Market Overview

Located in Peekskill, NY, this AutoZone property benefits from strong local demographics and market fundamentals. The Peekskill area offers excellent visibility and accessibility, making it an ideal location for AutoZone operations and a solid investment for net lease property buyers.