Contacts

Elevate Net Lease
Property Details
- Property Type Retail - Street Retail
- Property Size 7,000 SF
- Units 1
- Lot Size 1.2 Acre
- Year Built 2003
- Date Updated Apr 22, 2025
Reach out to the broker for more info on lease terms and amenities
Highlights
- Corporate Lease – National Credit Tenant - Leased to Advance Auto Parts, one of the largest automotive aftermarket retailers in the U.S., operating over 4,500 stores nationwide
- Strong, Passive Income Stream – Stable annual income of $77,000 with minimal landlord obligations – ideal for passive investors
- Prime Downtown Location – Located on the main commercial corridor of Carthage, Adjacent to ALDI, with strong local traffic, offering excellent visibility and access
- Recession-Resistant Retail – Automotive parts and service are essential-use, with consistent demand in all market cycles
- Proximity to Fort Drum – Just minutes from Fort Drum, one of the largest U.S. Army bases, which drives consistent economic activity in the region
- Below-Market Rent with Upside – Current rent at $11/SF provides future flexibility and strong re-leasing potential
- Established Operating History – Advance Auto Parts has a long-standing presence at this location, demonstrating tenant commitment
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Carthage, NY
- Neighborhood West Carthage
- Zip Code 13619
Points of Interest
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Stewart's
6.54 miles
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Fort Drum Fuel Station
9.92 miles
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Carthage Recreation Park
1.68 miles
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Felts Mills Day Use
7.67 miles
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Kamargo Trail
8.95 miles
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Black River Trail
9.33 miles
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McDonald's
0.07 miles
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The Rooted Drifter
0.55 miles
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Jose O'Connors
0.56 miles
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JRECK Subs
0.81 miles
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Stefano's Pizzeria & Restaurant
0.92 miles
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Burger King
7.24 miles
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Buster's Brew Pub
9.34 miles
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ALDI
0.04 miles
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Price Chopper
0.14 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Elevate Net Lease