Advance Auto Parts & Vacant
282 / 274 Medford Ave, Patchogue, NY 11772
- For Sale $2,700,000
- Property Type Retail - Street Retail
- Property Size 11,125 SF
- Lot Size 0.84 Acre
- Property Tenancy Multi-Tenant
- Date Updated Feb 10, 2022
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- City Patchogue, NY
- Neighborhood North Patchogue
- Zip Code 11772
- Market Long Island
- Rare Long Island Opportunity With Upside
- AAP NOI on a Blended basis - Next increase 1/1/2023
- AAP Corporate Operating Income up 18% Year over Year
- Significant Value-Add Upside Through Lease-Up of Existing Vacancy
- AAP is an Investment Grade Tenant - S&P Credit Rating - "BBB-"
- Consumer Spending Within 1 Mile on Transportation and Maintenance is Over $40M Annually and is Projected Over $46M by 2026
- Over 161,000 People With an Average Household Income Over $123,000 within 5 Miles.
Frequently Asked Questions
What is the total square footage of Advance Auto Parts & Vacant?
Advance Auto Parts & Vacant totals 11,125 square feet.
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