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| Price $1,764,400 | Built/Renov 2007 | Tenant AutoZone |
| Cap Rate 5.50% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
6,786
| Lease Start
08-01-2007
| #Units
7,140
|
| Price/SF $260.01 | Expiration
07-31-2039
| Tenant Type Automotive |
| NOI $97,044 | R. Term 14.7 | Ownership Fee Simple |
| Rent/SF
$14.30
| Increases 1.5%/1/yrs | Pop 5Mi 5,287 |
| Lot/AC 1.13 | Options 3/5yrs/1.5% | AHHI 5Mi $75,324 |
| | |
AutoZone is strategically located on Highway 58, with access to 4,834 vehicles passing by daily. The property is surrounded by well-known national tenants including Dollar Tree, Piggly Wiggly, McDonald’s, Hardee’s, Dollar General, Subway, and more. Key community educational institutions in the vicinity include Meigs County High School and Decatur City Hall Meigs Middle School. The 5-mile trade...
...In location for years
Dense retail corridor
Near major nationals
Highway location
Income tax free state
Long 15+ yr lease
Annual rent increases
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 : | 1,480 | 3,601 | 5,510 |
| 2024 Total Population : | 1,438 | 3,477 | 5,302 |
| 2024 Employed Civilian Pop : | 529 | 1,240 | 1,943 |
| 2024 Total Businesses : | 98 | 117 | 128 |
| 2024 Average Household Income : | $ 73,314 | $ 71,092 | $ 72,664 |
| 2024 Total Consumer Spending : | $ 38 M | $ 87 M | $ 137 M |
| 2024 Median Age : | 44 | 45 | 45 |
| 2024 Total Households : | 574 | 1,361 | 2,093 |
| 2024 Pop Age 25+: Bachelor's Degree : | 91 | 196 | 316 |
| 2024 Average Home Value : | $ 264,329 | $ 275,392 | $ 280,230 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Jones St | 2018 | 4,834 | 0.37 mi | |
| State Hwy 58 | Jones St | 2003 | 3,530 | 0.37 mi |
| Memorial Drive | Elm St | 2022 | 2,477 | 0.41 mi |
| Decatur Pike | Elm St | 2022 | 7,246 | 0.45 mi |
| State Hwy 30 | Jackson Dr | 2003 | 3,680 | 0.46 mi |
| River Rd | River Hill Rd | 2003 | 2,210 | 0.51 mi |
| Decatur Pike | State Hwy30 W | 2022 | 4,886 | 0.52 mi |
| River Road | Dogwood Ln | 2022 | 1,570 | 0.67 mi |
| Highway 58 | Co Rd 300 | 2022 | 5,278 | 0.75 mi |
| STATE HWY. 58 | Co Rd 300 | 2020 | 4,726 | 0.81 mi |
Cuyahoga Falls, OH
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South Euclid, OH
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Largo, FL
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Hondo, TX
Cap Rate 6.10%
Lease NN+
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Depew, NY
Cap Rate 6.00%
Lease NN+
R. Term 5.00 yrs
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Plymouth, WI
Cap Rate 6.00%
Lease NN+
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Hickory, NC
Cap Rate 5.76%
Lease Double NN
R. Term 13.60 yrs
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Cap Rate 6.00%
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R. Term 14.00 yrs
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The Woodlands, TX
Cap Rate 4.64%
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R. Term 2.10 yrs
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Erie, PA
Cap Rate 5.99%
Lease Double NN
R. Term 12.10 yrs
Size/SF 7,000
Perrysburg, OH
Cap Rate 5.00%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 2,087
Marion, NC
Cap Rate 6.00%
Lease NN+
R. Term 9.10 yrs
Size/SF 6,800
Groves, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,664
Longwood, FL
Cap Rate 5.96%
Lease Double NN
R. Term 3.70 yrs
Size/SF 12,460
Richmond, CA
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 1,575
Georgetown, OH
Cap Rate 6.00%
Lease Double NN
R. Term 12.00 yrs
Size/SF 7,225
Dunlap, TN
Cap Rate 6.10%
Lease NN+
R. Term 8.11 yrs
Size/SF 8,075
St. Louis, MO
Cap Rate 5.65%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 2,752
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
