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2257 New York 112
Coram, NY 11727

$1,500,000 USD

Freestanding For Sale  •  6,876 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 6,876 SF
  • Lot Size 1 AC
  • Building Class B
  • Year Built 2025
  • Cap Rate 4.00 %
  • Tenancy Single
0 Transit Score
56 Walk Score

Highlights

Long Term Absolute Net Ground Lease featuring an 8% Rental Increase in 2034 and Each Option. Brand New 2025 High Quality Construction.
Positioned Along Area’s Retail & Traffic Corridor: Features Easy Access and Excellent Visibility along Route 112.
AutoZone has a S&P Investment Grade Credit Rating of “BBB” and is Ranked #236 on the Fortune 500 List.
The Company has an Annual Revenue of more than $18.49 Billion with over 7,000 Stores Nationwide.
The City of Coram is part of a Thriving Long Island Retail Region, making this Property a Secure and Appreciating Asset in a Competitive Market.
Densely Populated and Affluent Area: Features an Average Household Income of more than $130k and over 185k People Residing within a 5-Mile Radius.
Cap Rate: 4.00 %

Major Tenants

Tenant SF Occupied Lease End Date
AutoZone 6,876 SF 12/31/2038

Public Transportation

Commuter RailDriveWalkDistance
Medford Station (Greenport Branch - Long Island Rail Road) 8 min - 3.9 mi
Port Jefferson Station (Port Jefferson Branch - Long Island Rail Road) 11 min - 5.6 mi
AirportDriveWalkDistance
Long Island MacArthur 22 min - 13.4 mi
Tweed/New Haven 126 min - 46.6 mi
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap