| Price $1,466,666 | Built/Renov 2021 | Tenant AutoZone (GL) |
| Cap Rate 4.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
7,385
| Lease Start
06-01-2020
| #Units
6,943
|
| Price/SF $198.60 | Expiration
05-31-2040
| Tenant Type Automotive |
| NOI $66,000 | R. Term 16.0 | Ownership Ground Lease |
| Rent/SF
$8.94
| Increases 10.0%/1/yrs | Pop 5Mi 280,024 |
| Lot/AC 0.71 | Options 4/5yrs/10% | AHHI 5Mi $75,545 |
| | |
AutoZone is strategically located on Park Blvd, with access to a substantial daily traffic count of 53,000 vehicles. Situated in the heart of a prominent commercial artery, the property enjoys proximity to major retailers and restaurants, with Publix located across the street and a Home Depot anchored power center just two blocks away. The area is further enhanced by the presence of numerous...
...Build to suit
High traffic 50M+ VPD
Dense retail corridor
Near major nationals
Top 100 MSA
Strong demographics
Income tax free state
Long 15+ yr lease
Traded and rated company
Investment grade tenant
AutoZone, Inc. is an American retailer of aftermarket automotive parts and accessories, the largest in the U.S. Founded in 1979, the chain now has 6,168 stores in 50 states in the U.S., 703 stores...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 13,758 | 115,175 | 283,219 |
| 2023 Total Population : | 13,789 | 115,646 | 284,057 |
| 2023 Employed Civilian Pop : | 6,445 | 58,804 | 151,795 |
| 2023 Total Businesses : | 1,243 | 4,982 | 16,504 |
| 2023 Average Household Income : | $ 72,314 | $ 77,867 | $ 88,747 |
| 2023 Total Consumer Spending : | $ 380 M | $ 3409 M | $ 10001 M |
| 2023 Median Age : | 45 | 47 | 46 |
| 2023 Total Households : | 6,025 | 50,176 | 129,316 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,618 | 16,172 | 50,301 |
| 2023 Average Home Value : | $ 290,320 | $ 286,155 | $ 326,545 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| 74th Ave | 47th St N | 2011 | 50,500 | 0.09 mi |
| Park Boulevard | 43rd St N | 2022 | 53,000 | 0.21 mi |
| 70th Ave N | 47th St N | 2011 | 6,700 | 0.24 mi |
| 73rd Ave N | 49th St N | 2011 | 34,199 | 0.26 mi |
| 43rd St N | 76th Ave N | 2011 | 3,977 | 0.27 mi |
| 49th St N | 73rd Ave N | 2011 | 37,556 | 0.27 mi |
| 70th Ave N | 44th St N | 2011 | 10,051 | 0.27 mi |
| 43rd St N | 71st Ave N | 2010 | 3,311 | 0.28 mi |
| 78th Ave | 45th St N | 2011 | 5,300 | 0.29 mi |
| 44th Way N | 78th Ave | 2011 | 6,512 | 0.30 mi |
Jacksonville, FL
Cap Rate 5.50%
Lease NN+
R. Term 4.40 yrs
Size/SF 11,400
Huntsville, AL
Cap Rate 5.33%
Lease Double NN
R. Term 14.30 yrs
Size/SF 2,200
Perrysburg, OH
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 2,087
Calhoun, GA
Cap Rate 5.50%
Lease NN+
R. Term 10.00 yrs
Size/SF 1,462
New Braunfels, TX
Cap Rate 5.10%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 6,000
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
