AutoZone (NYSE: AZO) | Long Island | Brand New… — Sale in Coram (Long Island), NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Coram (Long Island), NY 11727

Investment Figures

Cap rate
4.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Coram, located in central Suffolk County on Long Island, New York, is a suburban community with a blend of residential neighborhoods, commercial corridors, and natural beauty. As one of Long Island’s older settlements, Coram holds historical significance, but in recent decades, it has grown into a dynamic area catering to both residents and local businesses. The area is well-connected by major roadways, including Middle Country Road (Route 25), which serves as a vital commercial artery running through the region. Along this stretch, you’ll find a wide range of retail stores, restaurants, and service businesses that cater to the needs of both locals and visitors. The steady traffic along this road contributes to a consistent flow of potential customers for businesses in the area. Coram offers a mix of housing options, from single-family homes to apartment complexes, attracting a diverse population. Its schools are part of the Middle Country Central School District, which serves a broad area and is known for its range of educational programs. The community also benefits from access to several parks and nature preserves, including the scenic Pine Ridge and Cathedral Pines County Parks, offering outdoor recreation such as hiking, biking, and camping. Nearby towns such as Selden, Centereach, and Medford enhance the area’s regional appeal, providing additional shopping centers, schools, and healthcare facilities. Coram’s central location on Long Island means that it’s within a reasonable driving distance to major destinations such as Stony Brook University, Long Island MacArthur Airport, and the beaches along the North and South Shores. The demographic makeup is varied, with a mix of families, young professionals, and retirees, creating a balanced community vibe. The local economy is supported by retail, healthcare, education, and service sectors, with a stable customer base that values convenience and accessibility. Overall, Coram is a growing suburban hub with solid inf

Market Context

This retail in Coram (Long Island), NY is listed for sale. It is offered at an approximate 4.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Coram (Long Island), NY — view the full market.

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