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| Price $1,669,565 | Built/Renov 2006 | Tenant AutoZone |
| Cap Rate 5.75% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
7,370
| Lease Start
10-01-2006
| #Units
7,140
|
| Price/SF $226.54 | Expiration
09-30-2038
| Tenant Type Automotive |
| NOI $96,000 | R. Term 13.9 | Ownership Fee Simple |
| Rent/SF
$13.03
| Increases 1.5%/1/yrs | Pop 5Mi 6,760 |
| Lot/AC 1.00 | Options 3/5yrs/1.5% | AHHI 5Mi $68,659 |
| | |
AutoZone is strategically located on Highway 24, with access to 16,500 vehicles passing by daily. The property is situated on an outlot to Walmart, with other well-known national tenants including McDonald’s, Subway, Murphy USA, Great Clips, First Bank, and more. Key community educational institutions in the vicinity include Greenridge Elementary School, East Middle School, East Montgomery...
...Build to suit
In location for years
Dense retail corridor
Near major nationals
Highway location
Long operation history
Long 10+ yr lease
Traded and rated company
Corporate Guarantee
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 7,140 stores in 50 in the U.S., Mexico,...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 1,146 | 3,979 | 7,163 |
| 2024 Total Population : | 1,143 | 3,935 | 7,109 |
| 2024 Employed Civilian Pop : | 395 | 1,513 | 2,786 |
| 2024 Total Businesses : | 80 | 185 | 260 |
| 2024 Average Household Income : | $ 61,407 | $ 72,387 | $ 70,585 |
| 2024 Total Consumer Spending : | $ 19 M | $ 91 M | $ 162 M |
| 2024 Median Age : | 36 | 38 | 39 |
| 2024 Total Households : | 347 | 1,391 | 2,552 |
| 2024 Pop Age 25+: Bachelor's Degree : | 58 | 326 | 551 |
| 2024 Average Home Value : | $ 216,631 | $ 217,027 | $ 223,220 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Sedberry Road | Hwy 24 | 2022 | 807 | 0.07 mi |
| Wright Road | Hwy 24 | 2022 | 1,083 | 0.10 mi |
| Sedberry Rd | 2022 | 15,554 | 0.13 mi | |
| Lambert Road | W Main St | 2022 | 924 | 0.67 mi |
| Brooks St | 2022 | 1,481 | 0.72 mi | |
| Clayola Drive | Alder Branch Dr | 2022 | 919 | 0.78 mi |
| Mill St | Brooks St | 2004 | 1,900 | 0.79 mi |
| West Main Street | Page St | 2022 | 15,769 | 0.84 mi |
| Page Street | W Main St | 2022 | 237 | 0.89 mi |
| South Main Street | Professional Dr | 2022 | 6,004 | 0.90 mi |
Port Clinton, OH
Cap Rate 6.35%
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Cap Rate 6.36%
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Size/SF 6,751
South Euclid, OH
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Marion, NC
Cap Rate 6.00%
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Size/SF 6,800
Marshfield, WI
Cap Rate 5.75%
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R. Term 14.50 yrs
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Georgetown, OH
Cap Rate 6.00%
Lease Double NN
R. Term 12.00 yrs
Size/SF 7,225
St. Louis, MO
Cap Rate 5.65%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 2,752
Chaska, MN
Cap Rate 6.75%
Lease Abs NNN
R. Term 5.10 yrs
Size/SF 4,809
Allendale Charter Township, MI
Cap Rate 6.00%
Lease Double NN
R. Term 14.00 yrs
Size/SF 7,780
Longwood, FL
Cap Rate 5.96%
Lease Double NN
R. Term 3.70 yrs
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Chaska, MN
Cap Rate 6.75%
Lease Abs NNN
R. Term 6.10 yrs
Size/SF 4,809
Erie, PA
Cap Rate 5.99%
Lease Double NN
R. Term 12.10 yrs
Size/SF 7,000
Columbia, SC
Cap Rate 6.40%
Lease Abs NNN
R. Term 14.40 yrs
Size/SF 1,500
Lansing, KS
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 1,415
Perrysburg, OH
Cap Rate 5.00%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 2,087
Dunlap, TN
Cap Rate 6.10%
Lease NN+
R. Term 8.11 yrs
Size/SF 8,075
Hickory, NC
Cap Rate 5.76%
Lease Double NN
R. Term 13.60 yrs
Size/SF 7,225
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
