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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 4.11
  • 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.

...
1225 Rivertree Drive, New Braunfels, TX , 78130
  • Size SF 6,000
  • Built/Renov2024
  • Price/SF$245
  • Lease Start04-01-2024
  • Rent/SF$12.50
  • Lease Type Abs NNN
  • Lot/AC0.56
  • Pop 5MI98,726

1,470,000

  • Cap Rate 5.10%
  • NOI $75,000
  • R. Term/Yrs 14.11
  • Guarantor Corp T + R
  • # Units 6,943
  • New construction

  • Signalized intersection

  • Dense retail corridor

  • Top 100 MSA

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Brand new 2024 construction
  • AutoZone will be executing a brand-new 15-year ground lease with 4 (5-year) options to extend
  • The lease features 6% 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 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 17.11
  • 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.

...
4596 Park Boulevard, Pinellas Park, FL , 33781
  • Size SF 7,385
  • Built/Renov2021
  • Price/SF$199
  • Lease Start06-01-2020
  • Rent/SF$8.94
  • Lease Type Abs NNN
  • Lot/AC0.71
  • Pop 5MI280,024

1,466,666

  • Cap Rate 4.50%
  • NOI $66,000
  • R. Term/Yrs 16.1
  • Guarantor Corp T + R
  • # Units 6,943
  • Build to suit

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Long 15+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Auto Zone has 16+ years remaining on the current ground lease term with 4 (5-year) options to extend
  • The lease features 10% 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 14.9
  • Guarantor Corp T + R
  • # Units 6,943
  • 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 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.

...
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 8.9
  • Guarantor Corp T + R
  • # Units 6,943
  • 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 over 9 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 | 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.

...
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 3.0
  • Guarantor Corp T + R
  • # Units 6,943
  • 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 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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