www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28889940
28927125

75 Robinson St, Binghamton, NY 13901

DA
FL FL BK3274104, VA VA 0225094359
S.L. Nusbaum Realty Co
CW
0225251866
S.L. Nusbaum
Listed by S.L. Nusbaum Realty Co, S.L. Nusbaum
$1,355,000
179 days on market
Updated 8 days ago

Advance Auto Parts

Details
Property Type Retail
Sub Type Auto Shop, Storefront
Square Footage 7,000
Units 1
Cap Rate 6.5%
NOI $88,056
Occupancy 100%
Tenancy Single
Brand/Tenant Advanced Auto Parts
Lease Type NN
Lease Term 35.3
Lease Expiration 12/31/2035
Remaining Term 9.6
Rent Bumps Yes
Lease Options Two, 5-year
Price per SqFt $194
Year Built 2000
Year Renovated 2025 new roof
Acreage 0.760
Investment Type Net Lease
Lease Commencement 09/07/2000
Occupancy Date 09/07/2000
Ground Lease No
Ownership Fee Simple
Sale Condition 1031 exchange

New Roof in 2025 | 10-Yr Lease Extension | 10 Mins to Binghamton University

Marketing description

SLN Capital Markets, a division of S.L. Nusbaum Realty Co., is pleased to exclusively present for sale the Advance Auto Parts property located at 75 Robinson Street in Binghamton, NY.

The building, with a new roof in 2025, contains approximately 7,000 SF and sits at a signalized corner on approximately 0.76 AC. It has excellent visibility from the feeder road leading to Interstates 81 and 86 and is strategically located within a mile of many of the city’s auto repair shops.

Advance has been operating in this same location for more than 25 years and recently committed to a lease extension through December 31, 2035 with two, 5-year options remaining.

Investment highlights

New Roof in 2005 (now a Tenant Responsibility)

10 Minutes to Binghamton University

Located within a mile of several auto repair shops

Located at signalized intersection

Tenant extended its current lease out for a firm 10-year term.

Listing Contacts

DA
FL FL BK3274104, VA VA 0225094359
S.L. Nusbaum Realty Co
CW
0225251866
S.L. Nusbaum
Listed by S.L. Nusbaum Realty Co, S.L. Nusbaum

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$88,056.00
$7,338.00/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Neil Denenberg
License
NY 36DE0910165
Brokerage
Denenberg Realty Advisors
Brokerage Phone
617-720-5656
Title
Broker of Record
Brokerage Address
300 Commercial Street, Boston, MA 02109
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591