AutoZone | Saugerties, NY

Sands Investment Group is Pleased to Present Exclusively For Sale the AutoZone Ground Lease Investment Opportunity Located at 298 Ulster Avenue in Saugerties, New York.

  • Brand New 2020 Construction With a Long Term 20 Year Lease in Place With Four, 5 Year Options
  • Absolute Triple Net (NNN) Ground Lease With Zero Landlord Responsibilities
  • E-Commerce, Recession and COVID Proof Tenant
  • Attractive 8% Rent Increases Every 5 Years Including Option Periods
  • Located in Hudson Valley, a High Barrier to Entry Market – Only a Two-Hour Drive From New York City
  • Strong Corporate Guarantee From AutoZone, Inc. (S&P: BBB)
  • The Rural Area of Saugerties is an Ideal Location For AutoZone’s ”Do-It-Yourself” Business Model
  • Property is Located Directly Off Interstate 87 Which is One of the Major New York Highways Running From the Bronx to the Canadian Border
  • Nearby Tenants Include: McDonald’s, Big Lots, CVS Pharmacy, Verizon, Price Chopper, Dunkin’, Family Dollar, Subway and More
In Cooperation with Venture Retail Partners, LLC
BoR: Trevor McNiven – Lic #10491205228

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