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3513 Atlantic Ave
Brooklyn, NY 11208
AutoZone - Brooklyn, NY · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- This property may be purchased individually or as part of a five-property portfolio. See the following page or contact the broker for additional detai
- New Construction Property: 2024 construction with +/-13 years remaining on a Ground Lease.
- Corporate Guarantee From Investment Grade Tenant: Backed by AutoZone, Inc. (NYSE: AZO), an investment-grade Fortune 500 operator.
- Prime Signalized Hard Corner on Atlantic Avenue: Generational NYC real estate on a signalized, hard corner on Atlantic Avenue.
- Zero Landlord Responsibilities: Absolute Triple Net (NNN) Ground Lease requiring no management, repairs, or capital expenses.
- High Traffic and Visibility: This stretch of Atlantic Ave sees at least 27,000 VPD.
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively offer the 6,816 SF AutoZone at 3513 Atlantic Ave in Brooklyn, NY. This generational New York City real estate asset is prominently situated on a signalized hard corner along Atlantic Ave, one of the borough’s busiest commercial corridors. Delivered in 2024, the property features approximately 13 years remaining on an Absolute Triple Net (NNN) Ground Lease, offering zero landlord responsibilities and long-term, passive income. Can be sold individually or
part of a portfolio. Contact brokers for more details.
In Cooperation With SIG RE Services NY LLC - Lic. #10991233211 BoR: Andrew Ackerman - Lic. NY #10491210161
part of a portfolio. Contact brokers for more details.
In Cooperation With SIG RE Services NY LLC - Lic. #10991233211 BoR: Andrew Ackerman - Lic. NY #10491210161
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,816 SF
Building Class
B
Year Built
2024
Price
$3,868,454
Price Per SF
$567.55
Cap Rate
4.85%
NOI
$187,620
Percent Leased
100%
Building Height
1 Story
Building FAR
0.36
Lot Size
0.43 AC
Parking
16 Spaces (2.35 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 04151-0054 | Improvements Assessment | $580,500 |
| Land Assessment | $219,600 | Total Assessment | $800,100 |
PROPERTY TAXES
Parcel Number
04151-0054
Land Assessment
$219,600
Improvements Assessment
$580,500
Total Assessment
$800,100
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