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| Price $2,966,900 | Built/Renov 1979 | Tenant AutoZone |
| Cap Rate 5.00% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
5,400
| Lease Start
06-03-1998
| #Units
7,140
|
| Price/SF $549.43 | Expiration
03-31-2029
| Tenant Type Automotive |
| NOI $148,344 | R. Term 4.4 | Ownership Fee Simple |
| Rent/SF
$27.47
| Increases 0.0%/0/yrs | Pop 5Mi 29,624 |
| Lot/AC 0.72 | Options 0/0yrs | AHHI 5Mi $75,943 |
| | |
AutoZone is strategically located at the signalized, hard corner intersection of Sierra Street and 10th Avenue, with access to a combined daily traffic count of 23,700 vehicles. The property offers multiple access points, including a direct left-hand turn from the main corridor (Sierra St). Additionally, it is steps away from Golden State Hwy and situated in the heart of the main east-west...
...Signalized intersection
Hard corner intersection
Dense retail corridor
Shopping Ctr out-parcel
Top 100 MSA
Long operation history
Favorable NN+ 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 | |
| 2028 Total Population : | 11,733 | 16,718 | 31,607 |
| 2023 Total Population : | 11,352 | 16,058 | 30,813 |
| 2023 Employed Civilian Pop : | 4,968 | 7,128 | 12,894 |
| 2023 Total Businesses : | 422 | 553 | 1,031 |
| 2023 Average Household Income : | $ 104,036 | $ 110,253 | $ 96,258 |
| 2023 Total Consumer Spending : | $ 353 M | $ 515 M | $ 806 M |
| 2023 Median Age : | 35 | 36 | 33 |
| 2023 Total Households : | 3,953 | 5,452 | 9,711 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,304 | 1,941 | 2,684 |
| 2023 Average Home Value : | $ 403,765 | $ 450,927 | $ 435,852 |
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Cap Rate 5.50%
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R. Term 19.40 yrs
Size/SF 4,975
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
