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| Price $2,550,000 | Built/Renov 2002 | Tenant AutoZone (GL) |
| Cap Rate 4.38% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
7,200
| Lease Start
05-01-2002
| #Units
7,140
|
| Price/SF $354.17 | Expiration
05-01-2027
| Tenant Type Automotive |
| NOI $111,804 | R. Term 2.5 | Ownership Ground Lease |
| Rent/SF
$15.53
| Increases 10.0%/4/yrs | Pop 5Mi 136,286 |
| Lot/AC 1.03 | Options 3/5yrs/10% | AHHI 5Mi $167,556 |
| | |
AutoZone is strategically located fronting Ritchie Highway, which averages 65,400 vehicles per day. The asset has excellent visibility and access and is surrounded by major national retailers such as Chick-fil-A, McDonald’s, Kohl’s, Giant Food, and more, providing a strong consumer draw to the immediate trade area. The site also benefits from strong demographics, with more than 136,000...
...In location for years
High traffic 50M+ VPD
Near major nationals
Highway location
Top 100 MSA
Strong demographics
Long operation history
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 7,140 stores in 50 in the U.S., Mexico,...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 7,965 | 48,847 | 137,146 |
| 2023 Total Population : | 7,999 | 48,832 | 136,577 |
| 2023 Employed Civilian Pop : | 4,087 | 26,486 | 74,520 |
| 2023 Total Businesses : | 477 | 1,542 | 4,093 |
| 2023 Average Household Income : | $ 215,680 | $ 202,898 | $ 172,908 |
| 2023 Total Consumer Spending : | $ 476 M | $ 2900 M | $ 7144 M |
| 2023 Median Age : | 46 | 46 | 42 |
| 2023 Total Households : | 2,659 | 17,206 | 49,235 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,803 | 10,527 | 25,974 |
| 2023 Average Home Value : | $ 697,862 | $ 663,729 | $ 585,375 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Robinson Rd | Ritchie Hwy | 2012 | 9,590 | 0.07 mi |
| Kimberly Ct | Marbury Rd | 2001 | 2,305 | 0.17 mi |
| Governor Ritchie Highway | Old Annapolis Rd | 2018 | 53,101 | 0.19 mi |
| Ritchie Hwy | Town Neck Rd | 2011 | 56,220 | 0.20 mi |
| Robinson Road | Odonnel Ct | 2017 | 10,982 | 0.20 mi |
| Old Annapolis Rd | Kimberly Ct | 2018 | 9,632 | 0.20 mi |
| Kimberly Ct | Marbury Rd | 2001 | 2,038 | 0.22 mi |
| Arundel Beach Rd | Leelyn Dr | 2018 | 2,881 | 0.27 mi |
| Robinson Rd | Thomas Way | 2020 | 10,112 | 0.29 mi |
| Ritchie Hwy | Haas Ct | 2012 | 51,451 | 0.33 mi |
El Paso, TX
Cap Rate 5.35%
Lease Abs NNN
R. Term 13.80 yrs
Size/SF 4,162
El Paso, TX
Cap Rate 5.35%
Lease Abs NNN
R. Term 13.70 yrs
Size/SF 4,162
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
