Sold Subscription Required
| Price $1,800,000 $2,200,000 | Built/Renov 2022 | Tenant AutoZone (GL) |
| Cap Rate 5.56% 4.55% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
6,816
| Lease Start
03-01-2023
| #Units
6,943
|
| Price/SF $264.08 $322.77 | Expiration
02-28-2038
| Tenant Type Automotive |
| NOI $100,000 | R. Term 13.1 | Ownership Ground Lease |
| Rent/SF
$14.67
| Increases 6.5%/5/yrs | Pop 5Mi 330,100 |
| Lot/AC 0.86 | Options 3/5yrs/10% | AHHI 5Mi $61,173 |
| | |
AutoZone, the subject property is well positioned at the intersection of Clinton Ave and Weber Ave just off Freeway 99 which sees over 108,200 vehicles per day. Additionally, the subject property is directly adjacent to a grocery anchored shopping center anchored by Vallarta Supermarkets and benefits from access off both Weber Ave and Clinton Ave. Moreover, the property is near Fresno City...
...New construction
High traffic 50M+ VPD
Highway location
Dense 200M+ pop 5 mi
Top 100 MSA
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.,...
| 1 Miles | 3 Miles | 5 Miles | |
| 2027 Total Population : | 21,842 | 133,526 | 332,696 |
| 2022 Total Population : | 21,709 | 133,878 | 332,056 |
| 2022 Employed Civilian Pop : | 7,699 | 52,938 | 130,910 |
| 2022 Total Businesses : | 506 | 5,034 | 13,631 |
| 2022 Average Household Income : | $ 52,838 | $ 68,443 | $ 72,511 |
| 2022 Total Consumer Spending : | $ 311 M | $ 2636 M | $ 6857 M |
| 2022 Median Age : | 30 | 32 | 32 |
| 2022 Total Households : | 6,793 | 44,460 | 109,280 |
| 2022 Pop Age 25+: Bachelor's Degree : | 1,274 | 10,809 | 28,277 |
| 2022 Average Home Value : | $ 230,238 | $ 321,123 | $ 341,751 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| N Weber Ave | W Clinton Ave | 2006 | 5,447 | 0.03 mi |
| W Clinton Ave | N Crystal Ave | 2007 | 18,900 | 0.09 mi |
| N Weber Ave | N Hughes Ave | 2008 | 22,899 | 0.14 mi |
| W Clinton Ave | N Warren Ave | 2007 | 17,740 | 0.17 mi |
| N Hughes Ave | W Brown Ave | 2013 | 6,689 | 0.23 mi |
| N Weber Ave | N Hughes Ave | 2008 | 18,038 | 0.29 mi |
| W Clinton Ave | N West Ave | 2011 | 20,172 | 0.31 mi |
| State Rte 99 | W McKinley Ave | 2017 | 120,000 | 0.34 mi |
| 99 | 2018 | 112,000 | 0.36 mi | |
| N West Ave | W TerAve | 2013 | 16,601 | 0.37 mi |
Waterford Township, MI
Cap Rate 5.45%
Lease Double NN
R. Term 14.20 yrs
Size/SF 7,225
Largo, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 12.20 yrs
Size/SF 7,725
Monrovia, CA
Cap Rate 5.51%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 824
Cleburne, TX
Cap Rate 5.15%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 2,824
San Angelo, TX
Cap Rate 5.15%
Lease Abs NNN
R. Term 18.11 yrs
Size/SF 1,500
Odessa, TX
Cap Rate 5.50%
Lease Abs NNN
R. Term 9.60 yrs
Size/SF 11,223
Round Rock, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 2,200
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
