| Price $1,633,333 | Built/Renov 2020 | Tenant AutoZone (GL) |
| Cap Rate 4.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
7,385
| Lease Start
02-21-2024
| #Units
6,943
|
| Price/SF $221.17 | Expiration
02-20-2039
| Tenant Type Automotive |
| NOI $73,500 | R. Term 14.9 | Ownership Ground Lease |
| Rent/SF
$9.95
| Increases 5.0%/5/yrs | Pop 5Mi 271,125 |
| Lot/AC 0.62 | Options 4/5yrs/8% | AHHI 5Mi $78,074 |
| | |
AutoZone is strategically located on Ulmerton Road, with access to a robust daily traffic count of 57,000 vehicles. The property is situated in front of a brand-new Hilton Home 2 Suites Hotel and shares parking with a busy strip center featuring Five Guys and Wing Stop. Additionally, it is located down the street from a very busy Publix Supermarket and Home Depot, and across the street from...
...Build to suit
High traffic 50M+ VPD
Dense retail corridor
Dense 200M+ pop 5 mi
Income tax free state
Brand new lease
Long 15+ yr lease
Absolute NNN
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 : | 11,315 | 114,437 | 271,799 |
| 2023 Total Population : | 11,471 | 115,347 | 273,743 |
| 2023 Employed Civilian Pop : | 5,123 | 60,114 | 139,292 |
| 2023 Total Businesses : | 758 | 5,241 | 13,615 |
| 2023 Average Household Income : | $ 69,948 | $ 82,565 | $ 91,751 |
| 2023 Total Consumer Spending : | $ 367 M | $ 3907 M | $ 9953 M |
| 2023 Median Age : | 64 | 52 | 51 |
| 2023 Total Households : | 5,985 | 54,356 | 124,901 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,596 | 18,200 | 47,030 |
| 2023 Average Home Value : | $ 176,684 | $ 296,615 | $ 362,970 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Ulmerton Rd | Block Blvd | 2011 | 50,500 | 0.18 mi |
| Ulmerton Rd | Washington Ave | 2000 | 53,050 | 0.26 mi |
| Ulmerton Road | Washington Ave | 2022 | 62,500 | 0.30 mi |
| Seminole Blvd | 23rd Ave SW | 2010 | 36,500 | 0.45 mi |
| Seminole Blvd | Ulmerton Rd | 2011 | 34,522 | 0.48 mi |
| Seminole Blvd | Sea Oats Dr | 2011 | 36,000 | 0.52 mi |
| Lake Ave SE | 20th Ave SE | 2011 | 5,100 | 0.55 mi |
| Ulmerton Rd | Seminole Blvd | 2011 | 38,500 | 0.56 mi |
| 20th Avenue Southeast | 20th Ave SE | 2022 | 4,900 | 0.57 mi |
| Ulmerton Rd | Southwind Ln | 2011 | 53,500 | 0.62 mi |
San Antonio, TX
Cap Rate 5.45%
Lease NN+
R. Term 13.60 yrs
Size/SF 2,865
Jacksonville, FL
Cap Rate 5.50%
Lease NN+
R. Term 4.40 yrs
Size/SF 11,400
New Braunfels, TX
Cap Rate 5.10%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 6,000
Huntsville, AL
Cap Rate 5.33%
Lease Double NN
R. Term 14.30 yrs
Size/SF 2,200
Saint Johns, FL
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,500
Perrysburg, OH
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 2,087
Marshfield, WI
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 1,664
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
