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3716 Reynolda Road, Winston-Salem, NC , 27106
  • Size SF 8,000
  • Built/Renov1960
  • Price/SF$101
  • Lease Start01-23-1996
  • Rent/SF$5.03
  • Lease Type Double NN
  • Lot/AC0.67
  • Pop 5MI104,744

804,000

  • Cap Rate 5.00%
  • NOI $40,200
  • R. Term/Yrs 9.9
  • Guarantor Corp T + R
  • # Units 7,140
  • New roof

  • In location for years

  • Top 100 MSA

  • Strong demographics

  • Recently extended lease

  • Below Market Rent

  • Top performing store

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • AutoZone has been operating in this location for over 20 years
  • Tenant recently extended its lease an additional 10 years with 4 (5-year) options to extend
  • New roof installed in 2020 | HVAC replaced in 2017
  • The lease features $0.30 PSF rent increases every 5 years
  • Strong performing store | Ranked in the top 35% of stores in the State
  • Corporate guarantee | Investment grade tenant
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 7,140
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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, and Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) and was given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2023, the company generated $18.06B in net sales. As of August 2023, the company employs approximately 119,000 and is recognized on the list of Fortune 500 companies. Their current market cap is $55.15B and company headquarters are in Memphis, TN.

...
805 North Front Street, Philipsburg, PA , 16866
  • Size SF 7,324
  • Built/Renov2010
  • Price/SF$239
  • Lease Start04-29-2009
  • Rent/SF$157.70
  • Lease Type Double NN
  • Lot/AC0.89
  • Pop 5MI14,288

1,750,000

  • Cap Rate 6.00%
  • NOI $105,000
  • R. Term/Yrs 10.7
  • Guarantor Corp T + R
  • # Units 7,140
  • Build to suit

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Recently extended lease

  • Long 10+ yr lease

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Auto Zone has been operating in this location since 2009
  • The tenant has 10+ years remaining on the current lease term with 2 (5-year) options to extend
  • The lease features 1.5% annual rental increases throughout the initial term and option periods
  • Corporate guarantee | Investment grade tenant
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 7,140
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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, and Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) and was given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2023, the company generated $18.06B in net sales. As of August 2023, the company employs approximately 119,000 and is recognized on the list of Fortune 500 companies. Their current market cap is $55.15B and company headquarters are in Memphis, TN.
 

...
121 Montgomery Crossing, Biscoe, NC , 27209
  • Size SF 7,370
  • Built/Renov2006
  • Price/SF$227
  • Lease Start10-01-2006
  • Rent/SF$13.03
  • Lease Type Double NN
  • Lot/AC1.00
  • Pop 5MI6,760

1,669,565

  • Cap Rate 5.75%
  • NOI $96,000
  • R. Term/Yrs 13.9
  • Guarantor Corp T + R
  • # Units 7,140
  • 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 has been operating in this location since 2006
  • The tenant has 13+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 1.5% annual rental increases throughout the initial term and option periods
  • Corporate guarantee | Investment grade tenant
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 7,140
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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, and Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) and was given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2023, the company generated $18.06B in net sales. As of August 2023, the company employs approximately 119,000 and is recognized on the list of Fortune 500 companies. Their current market cap is $55.15B and company headquarters are in Memphis, TN.

...
2450 Mount Pleasant Road, Hernando, MS , 38632
  • Size SF 5,400
  • Built/Renov2003
  • Price/SF$229
  • Lease Start05-09-2003
  • Rent/SF$12.59
  • Lease Type Double NN
  • Lot/AC0.40
  • Pop 5MI25,763

1,236,436

  • Cap Rate 5.50%
  • NOI $68,004
  • R. Term/Yrs 15.6
  • Guarantor Corp T + R
  • # Units 7,140
  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • AutoZone has been operating in this location since 2003
  • The tenant has 15+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 1.5% annual rental increases throughout the initial term and option periods
  • Corporate guarantee | Investment grade tenant
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 7,140
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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, and Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) and was given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2023, the company generated $18.06B in net sales. As of August 2023, the company employs approximately 119,000 and is recognized on the list of Fortune 500 companies. Their current market cap is $55.15B and company headquarters are in Memphis, TN.

...
17481 State Highway 58, Decatur, Tennessee , 37322
  • Size SF 6,786
  • Built/Renov2007
  • Price/SF$249
  • Lease Start08-01-2007
  • Rent/SF$14.30
  • Lease Type Double NN
  • Lot/AC1.13
  • Pop 5MI5,287

1,687,721

  • Cap Rate 5.75%
  • NOI $97,044
  • R. Term/Yrs 14.7
  • Guarantor Corp T + R
  • # Units 7,140
  • 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 has been operating in this location since 2007
  • The tenant has 14+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 1.5% annual rental increases throughout the initial term and option periods
  • Corporate guarantee | Investment grade tenant
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 7,140
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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, and Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) and was given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2023, the company generated $18.06B in net sales. As of August 2023, the company employs approximately 119,000 and is recognized on the list of Fortune 500 companies. Their current market cap is $55.15B and company headquarters are in Memphis, TN.

...
2450 Mount Pleasant Road, Hernando, MS , 38632
  • Size SF 5,400
  • Built/Renov2003
  • Price/SF$240
  • Lease Start05-09-2003
  • Rent/SF$12.59
  • Lease Type Double NN
  • Lot/AC0.40
  • Pop 5MI25,763

1,295,300

  • Cap Rate 5.25%
  • NOI $68,004
  • R. Term/Yrs 15.6
  • Guarantor Corp T + R
  • # Units 7,140
  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • AutoZone has been operating in this location since 2003
  • The tenant has 15+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 1.5% annual rental escalations throughout the initial term and option periods
  • Corporate guarantee | Investment grade tenant
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 7,140
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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, and Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) and was given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2023, the company generated $18.06B in net sales. As of August 2023, the company employs approximately 119,000 and is recognized on the list of Fortune 500 companies. Their current market cap is $55.15B and company headquarters are in Memphis, TN.

...
17481 State Highway 58, Decatur, Tennessee , 37322
  • Size SF 6,786
  • Built/Renov2007
  • Price/SF$260
  • Lease Start08-01-2007
  • Rent/SF$14.30
  • Lease Type Double NN
  • Lot/AC1.13
  • Pop 5MI5,287

1,764,400

  • Cap Rate 5.50%
  • NOI $97,044
  • R. Term/Yrs 14.7
  • Guarantor Corp T + R
  • # Units 7,140
  • 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 has been operating in this location since 2007
  • The tenant has 15+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 1.5% annual rental escalations throughout the initial term and option periods
  • Corporate guarantee | Investment grade tenant
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 7,140
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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, and Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) and was given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2023, the company generated $18.06B in net sales. As of August 2023, the company employs approximately 119,000 and is recognized on the list of Fortune 500 companies. Their current market cap is $55.15B and company headquarters are in Memphis, TN.

...
121 Montgomery Crossing, Biscoe, NC , 27209
  • Size SF 7,370
  • Built/Renov2006
  • Price/SF$237
  • Lease Start10-01-2006
  • Rent/SF$13.03
  • Lease Type Double NN
  • Lot/AC1.00
  • Pop 5MI6,760

1,745,500

  • Cap Rate 5.50%
  • NOI $96,000
  • R. Term/Yrs 13.9
  • Guarantor Corp T + R
  • # Units 7,140
  • 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 has been operating in this location since 2006
  • The tenant has 14+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 1.5% annual rental escalations throughout the initial term and option periods
  • Corporate guarantee | Investment grade tenant
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 7,140
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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, and Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) and was given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2023, the company generated $18.06B in net sales. As of August 2023, the company employs approximately 119,000 and is recognized on the list of Fortune 500 companies. Their current market cap is $55.15B and company headquarters are in Memphis, TN.

...
959 Sierra Street, Kingsburg, CA , 93631
  • Size SF 5,400
  • Built/Renov1979
  • Price/SF$549
  • Lease Start06-03-1998
  • Rent/SF$27.47
  • Lease Type NN+
  • Lot/AC0.72
  • Pop 5MI29,624

2,966,900

  • Cap Rate 5.00%
  • NOI $148,344
  • R. Term/Yrs 4.2
  • Guarantor Corp T + R
  • # Units 7,140
  • 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 has been operating in this location since 1998
  • The tenant has 4+ years remaining on the current lease term with no options remaining
  • Favorable NN+ lease with landlord responsible for roof and structure
  • Corporate guarantee | Investment grade tenant
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 7,140
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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, and Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) and was given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2023, the company generated $18.06B in net sales. As of August 2023, the company employs approximately 119,000 and is recognized on the list of Fortune 500 companies. Their current market cap is $55.15B and company headquarters are in Memphis, TN.

...
17540 South Golden Road, Golden, CO , 80401
  • Size SF 4,099
  • Built/Renov2023
  • Price/SF $271
  • Lease Start04-01-2023
  • Rent/SF$12.20
  • Lease Type Abs NNN
  • Lot/AC0.40
  • Pop 5MI107,463

1,111,000

  • Cap Rate 4.50%
  • NOI $50,000
  • R. Term/Yrs 17.3
  • Guarantor Corp T + R
  • # Units 6,943
  • New construction

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • New 2023 construction
  • Auto Zone has 18 years remaining remaining on the current ground lease term with 4 (5-year) options to extend
  • The lease features 7.5% rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 6,943
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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., 703 stores in Mexico, and 72 stores in Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) and is given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2022, the company generated $16.25B in net sales, representing an increase of 11.09% compared with the previous year. As of May 2022, the company employs approximately 85,050 and is recognized on the list of Fortune 500 companies. Their current market cap is $48.19B and they are headquartered in Memphis, TN.

...
10125 Ulmerton Road, Largo, FL , 33771
  • Size SF 7,385
  • Built/Renov2020
  • Price/SF$221
  • Lease Start02-21-2024
  • Rent/SF$9.95
  • Lease Type Abs NNN
  • Lot/AC0.62
  • Pop 5MI271,125

1,633,333

  • Cap Rate 4.50%
  • NOI $73,500
  • R. Term/Yrs 14.1
  • Guarantor Corp T + R
  • # Units 7,140
  • Build to suit

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Dense 200M+ pop 5 mi

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • AutoZone recently executed a brand-new 15-year ground lease with 4 (5-year) options to extend
  • The lease features 5% rental escalations every 5 years throughout the initial term and 8% at the beginning of each option period
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 7,140
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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, and Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) and was given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2023, the company generated $18.06B in net sales. As of August 2023, the company employs approximately 119,000 and is recognized on the list of Fortune 500 companies. Their current market cap is $55.15B and company headquarters are in Memphis, TN.

...
505 Texas 31, Chandler, TX , 75758
  • Size SF 7,381
  • Built/Renov2024
  • Price/SF$116
  • Lease Start02-01-2024
  • Rent/SF$6.10
  • Lease Type Abs NNN
  • Lot/AC1.91
  • Pop 5MI10,048

857,000

  • Cap Rate 5.25%
  • NOI $45,000
  • R. Term/Yrs 14.1
  • Guarantor Corp T + R
  • # Units 6,943
  • New construction

  • Dense retail corridor

  • Highway location

  • Major MSA

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Brand-new 2024 construction
  • AutoZone recently signed a brand-new 15-year ground lease with 4 (5-year) options to extend
  • Lease features 6% rental increase eery 5 years throughout the initial term and at the start of each option

  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 6,943
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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., 703 stores in Mexico, and 72 stores in Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) and is given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2022, the company generated $16.25B in net sales, representing an increase of 11.09% compared with the previous year. As of May 2022, the company employs approximately 85,050 and is recognized on the list of Fortune 500 companies. Their current market cap is $48.19B and they are headquartered in Memphis, TN.

...
19210 Preston Road, Dallas, TX , 75252
  • Size SF 7,376
  • Built/Renov2024
  • Price/SF
    $163
    $181
  • Lease Start04-01-2024
  • Rent/SF$8.13
  • Lease Type Abs NNN
  • Lot/AC0.89
  • Pop 5MI374,991
1,200,000
1,333,300
  • Cap Rate
    5.00%
     
    4.50%
  • NOI $60,000
  • R. Term/Yrs 14.3
  • Guarantor Corp T + R
  • # Units 6,943
  • New construction

  • High traffic 50M+ VPD

  • Shopping Ctr out-parcel

  • Top 100 MSA

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • New high-quality 2024 construction
  • AutoZone recently signed a new 15-year ground lease with 3 (5-year) options to extend
  • The lease features 6% rental increases every 5 years
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed | Investment grade tenant
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 6,943
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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., 703 stores in Mexico, and 72 stores in Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) is given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2022, the company generated $16.25B in net sales, representing an increase of 11.09% compared with the previous year. As of May 2022, the company employs approximately 85,050 and is recognized on the list of Fortune 500 companies. Their current market cap is $48.19B and they are headquartered in Memphis, TN.

...
808 East Main Street, Gas City, IN , 46933
  • Size SF 7,536
  • Built/Renov1973
  • Price/SF$110
  • Lease Start08-01-2005
  • Rent/SF$6.04
  • Lease Type Double NN
  • Lot/AC1.20
  • Pop 5MI24,940

827,000

  • Cap Rate 5.50%
  • NOI $45,500
  • R. Term/Yrs 9.7
  • Guarantor Corp T + R
  • # Units 6,943
  • In location for years

  • Major thoroughfare

  • Strategically located

  • Top 100 MSA

  • Long operation history

  • Recently extended lease

  • Strong sales history

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • AutoZone has a 17+ year operating history in this location
  • Tenant recently extended its lease early by 10 years, bringing the total remaining base term to 11 years
  • The lease features 10% rental increases in 2029 and in each option period
  • Cheap rent and small price point | Tenant is currently paying only $6/SF
  • Corporate guaranteed lease (S&P: BBB)
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 6,943
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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., 703 stores in Mexico, and 72 stores in Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) is given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2022, the company generated $16.25B in net sales, representing an increase of 11.09% compared with the previous year. As of May 2022, the company employs approximately 85,050 and is recognized on the list of Fortune 500 companies. Their current market cap is $48.19B and they are headquartered in Memphis, TN.

...
1420 North Main Street, Orrville, OH , 44667
  • Size SF 6,786
  • Built/Renov2007
  • Price/SF$307
  • Lease Start01-01-2008
  • Rent/SF$16.09
  • Lease Type Abs NNN
  • Lot/AC0.87
  • Pop 5MI18,562

2,080,000

  • Cap Rate 5.25%
  • NOI $109,200
  • R. Term/Yrs 8.1
  • Guarantor Corp T + R
  • # Units 7,140
  • Build to suit

  • In location for years

  • Major thoroughfare

  • Near major nationals

  • Strategically located

  • Affluent suburb location

  • Long operation history

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • AutoZone has been operating in this location since 2008
  • Tenant has 8+ years remaining on the current lease term with 4 (5-year) options to extend
  • Lease features 10% rental increase at the beginning of each option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee by AutoZone, Inc. (NYSE: AZO)
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 7,140
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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, and Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) and was given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2023, the company generated $18.06B in net sales. As of August 2023, the company employs approximately 119,000 and is recognized on the list of Fortune 500 companies. Their current market cap is $55.15B and company headquarters are in Memphis, TN.

...
490 Ritchie Hwy, Severna Park, MD , 21146
  • Size SF 7,200
  • Built/Renov2002
  • Price/SF$354
  • Lease Start05-01-2002
  • Rent/SF$15.53
  • Lease Type Abs NNN
  • Lot/AC1.03
  • Pop 5MI136,286

2,550,000

  • Cap Rate 4.38%
  • NOI $111,804
  • R. Term/Yrs 2.3
  • Guarantor Corp T + R
  • # Units 7,140
  • 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 has been operating in this location since 2002
  • Tenant has 3+ years remaining on the current lease term with 3 (5-year) options to extend
  • Lease features a 10% rental increase every 5 years throughout the initial term and at the start of each option
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee by AutoZone, Inc. (NYSE: AZO)
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 7,140
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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, and Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) and was given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2023, the company generated $18.06B in net sales. As of August 2023, the company employs approximately 119,000 and is recognized on the list of Fortune 500 companies. Their current market cap is $55.15B and company headquarters are in Memphis, TN.

...
16018 Kedzie Avenue, Markham, IL , 60428
  • Size SF 8,700
  • Built/Renov2005
  • Price/SF$123
  • Lease Start09-01-2023
  • Rent/SF$6.46
  • Lease Type Abs NNN
  • Lot/AC0.60
  • Pop 5MI228,336

1,070,000

  • Cap Rate 5.25%
  • NOI $56,179
  • R. Term/Yrs 0.8
  • Guarantor Corp T + R
  • # Units 6,943
  • High traffic 50M+ VPD

  • Dense retail corridor

  • Freeway close

  • Highway close

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • Subsidiary guarantee

  • ...
  • The tenant has 1+ years of firm term remaining on their current lease with 4 (5-year) option periods to extend
  • The ground lease features 10% rental increases at the beginning of each option period
  • The lease is signed by a subsidiary of the corporate entity
  • AutoZone is an investment grade tenant (S&P: BBB)
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 6,943
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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., 703 stores in Mexico, and 72 stores in Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) is given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2022, the company generated $16.25B in net sales, representing an increase of 11.09% compared with the previous year. As of May 2022, the company employs approximately 85,050 and is recognized on the list of Fortune 500 companies. Their current market cap is $48.19B and they are headquartered in Memphis, TN.

...
31487 McCabe Road, San Antonio, FL , 33576
  • Size SF 7,381
  • Built/Renov2023
  • Price/SF
    $200
    $220
  • Lease Start11-15-2023
  • Rent/SF$8.81
  • Lease Type Abs NNN
  • Lot/AC1.07
  • Pop 5MI22,750
1,477,272
1,625,000
  • Cap Rate
    4.40%
     
    4.00%
  • NOI $65,000
  • R. Term/Yrs 13.11
  • Guarantor Corp T + R
  • # Units 6,943
  • New construction

  • Shopping Ctr out-parcel

  • Highway location

  • Top 100 MSA

  • Affluent suburb location

  • New development zone

  • Brand new lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Brand new 2023 construction | Projected opening November
  • Tenant recently signed a brand-new 15-year ground lease with 4 (5-year) options to extend
  • Lease features 8% rental increases every 5 years
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee by AutoZone, Inc. (NYSE: AZO)
  • AutoZone is an investment grade tenant (S&P: BBB)
  • Tenant AutoZone Stores, LLC
  • Guarantor Corp T and Rated
  • #Units 6,943
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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., 703 stores in Mexico, and 72 stores in Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) is given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2022, the company generated $16.25B in net sales, representing an increase of 11.09% compared with the previous year. As of May 2022, the company employs approximately 85,050 and is recognized on the list of Fortune 500 companies. Their current market cap is $48.19B and they are headquartered in Memphis, TN.

...
211 Alfred Street, Georgetown, DE , 19947
  • Size SF 6,815
  • Built/Renov2023
  • Price/SF
    $201
    $219
  • Lease Start08-01-2023
  • Rent/SF$10.05
  • Lease Type Abs NNN
  • Lot/AC0.84
  • Pop 5MI17,150
1,370,000
1,490,000
  • Cap Rate
    5.00%
     
    4.60%
  • NOI $68,500
  • R. Term/Yrs 18.7
  • Guarantor Corp T + R
  • # Units 6,943
  • New construction

  • Hard corner intersection

  • Major thoroughfare

  • Highway location

  • Affluent suburb location

  • Major MSA

  • Brand new lease

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Brand new 2023 construction
  • AutoZone recently signed a brand new 20-year lease with 4 (5-year) options to extend
  • Lease features a 6.50% rental increase at the start of each option period
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee by AutoZone, Inc. (NYSE: AZO)
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 6,943
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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., 703 stores in Mexico, and 72 stores in Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) is given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2022, the company generated $16.25B in net sales, representing an increase of 11.09% compared with the previous year. As of May 2022, the company employs approximately 85,050 and is recognized on the list of Fortune 500 companies. Their current market cap is $48.19B and they are headquartered in Memphis, TN.

...
13759 Beach Boulevard, Jacksonville, FL , 32224
  • Size SF 7,600
  • Built/Renov2018
  • Price/SF
    $289
    $320
  • Lease Start01-25-2019
  • Rent/SF$14.87
  • Lease Type Abs NNN
  • Lot/AC1.00
  • Pop 5MI172,147
2,200,000
2,435,000
  • Cap Rate
    5.14%
     
    4.64%
  • NOI $113,000
  • R. Term/Yrs 9.1
  • Guarantor Corp T + R
  • # Units 6,943
  • Hard corner intersection

  • Build to suit

  • Major thoroughfare

  • Highway location

  • Top 100 MSA

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • AutoZone has over 10 years remaining on the current lease term with 7 (5-year) options to extend
  • Lease features a 10% rental increase every 5 years throughout the initial term and at the start of each option
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee by AutoZone, Inc. (NYSE: AZO)
  • AutoZone is an investment grade tenant (S&P: BBB)
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 6,943
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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., 703 stores in Mexico, and 72 stores in Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) is given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2022, the company generated $16.25B in net sales, representing an increase of 11.09% compared with the previous year. As of May 2022, the company employs approximately 85,050 and is recognized on the list of Fortune 500 companies. Their current market cap is $48.19B and they are headquartered in Memphis, TN.

...
7542 Skyway, Paradise, CA , 95969
  • Size SF 5,360
  • Built/Renov1997
  • Price/SF
    $280
    $299
  • Lease Start11-11-2021
  • Rent/SF$17.91
  • Lease Type NN+
  • Lot/AC0.75
  • Pop 5MI11,603
1,502,000
1,600,000
  • Cap Rate
    6.39%
     
    6.00%
  • NOI $96,000
  • R. Term/Yrs 9.0
  • Guarantor Corp T + R
  • # Units 6,943
  • New roof

  • Dense retail corridor

  • Near major nationals

  • Recently extended lease

  • Limited competition

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • The tenant, AutoZone West LLC, recently extended their lease an additional 10 years with 4 (5-year) options to extend
  • 4 year old roof with documented 15+ year remaining useful life
  • Landlord responsibilities limited to roof & structure
  • Corporate guaranteed by AutoZone, Inc. (NYSE: AZO)
  • AutoZone is an investment grade tenant (S&P: BBB)
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 6,943
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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., 703 stores in Mexico, and 72 stores in Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) is given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2022, the company generated $16.25B in net sales, representing an increase of 11.09% compared with the previous year. As of May 2022, the company employs approximately 85,050 and is recognized on the list of Fortune 500 companies. Their current market cap is $48.19B and they are headquartered in Memphis, TN.

...
17520 North Porter Road, Maricopa, AZ , 85138
  • Size SF 7,372
  • Built/Renov2023
  • Price/SF
    $206
    $211
  • Lease Start02-01-2023
  • Rent/SF$8.95
  • Lease Type Abs NNN
  • Lot/AC1.21
  • Pop 5MI43,643
1,517,241
1,553,000
  • Cap Rate
    4.35%
     
    4.25%
  • NOI $66,000
  • R. Term/Yrs 18.1
  • Guarantor Corp T + R
  • # Units 6,943
  • New construction

  • Near major nationals

  • WalMart out-parcel

  • Highway close

  • Top 100 MSA

  • Business growth area

  • Brand new lease

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Brand new 2023 construction
  • AutoZone recently signed a brand new 20-year lease with 4 (5-year) options to extend
  • Lease features an 8% rental increase at year 10 and every 5 years during option periods
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee by AutoZone, Inc. (NYSE: AZO)
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 6,943
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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 over 6,400 stores across the U.S., Mexico, Puerto Rico, Brazil and the U.S. Virgin Islands, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) is given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2021, the company generated $2.17B in net income, representing an increase of 25.24% compared with the previous year. As of May 2022, the company employs approximately 85,050 and is recognized on the list of Fortune 500 companies. Their current market cap is $46.27B and they are headquartered in Memphis, TN.

...
166 Sea Island Parkway, Beaufort, SC , 29907
  • Size SF 7,400
  • Built/Renov2022
  • Price/SF $188
  • Lease Start01-30-2023
  • Rent/SF$8.92
  • Lease Type Abs NNN
  • Lot/AC0.52
  • Pop 5MI36,520

1,389,000

  • Cap Rate 4.75%
  • NOI $66,000
  • R. Term/Yrs 13.1
  • Guarantor Corp T + R
  • # Units 6,943
  • New construction

  • Near major nationals

  • Shopping Ctr out-parcel

  • Affluent AHHI $100K 5 Mi

  • Population increase trend

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • New construction 2022
  • AutoZone recently signed a brand new 15-year ground lease with 4 (5-year) options to extend
  • The lease features 5% rental increases at the beginning of each option period
  • Corporate guaranteed by AutoZone, an investment grade tenant (S&P: BBB)
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 6,943
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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 over 6,400 stores across the U.S., Mexico, Puerto Rico, Brazil and the U.S. Virgin Islands, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) is given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2021, the company generated $2.17B in net income, representing an increase of 25.24% compared with the previous year. As of May 2022, the company employs approximately 85,050 and is recognized on the list of Fortune 500 companies. Their current market cap is $41.54B and they are headquartered in Memphis, TN.

...
1839 W Clinton Ave, Fresno, CA , 93705
  • Size SF 6,816
  • Built/Renov2022
  • Price/SF
    $264
    $323
  • Lease Start03-01-2023
  • Rent/SF$14.67
  • Lease Type Abs NNN
  • Lot/AC0.86
  • Pop 5MI330,100
1,800,000
2,200,000
  • Cap Rate
    5.56%
     
    4.55%
  • NOI $100,000
  • R. Term/Yrs 13.2
  • Guarantor Corp T + R
  • # Units 6,943
  • 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 (NYSE: AZO) is an investment grade tenant
  • Brand new construction 
  • Lease is absolute NNN
  • 4, 5 year options
  • Approximately 6.50% increase in option 1 & 10% increases thereafter 
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 6,943
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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., 703 stores in Mexico, and 72 stores in Brazil, all of which are corporately owned. AutoZone went public in 1991 (NYSE: AZO) is given an investment grade credit rating of BBB from Standard & Poor’s along with a long-term rating of Baa1 from Moody’s. In fiscal year 2022, the company generated $16.25B in net sales, representing an increase of 11.09% compared with the previous year. As of May 2022, the company employs approximately 85,050 and is recognized on the list of Fortune 500 companies. Their current market cap is $48.19B and they are headquartered in Memphis, TN.

 

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