Price $1,522,000 | Built/Renov 2023 | Tenant AutoZone (GL) |
Cap Rate 4.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
Size/SF
6,815
| Lease Start
08-01-2023
| #Units
6,943
|
Price/SF $223.33 | Expiration
07-31-2043
| Tenant Type Automotive |
NOI $68,500 | R. Term 19.7 | Ownership Ground Lease |
Rent/SF
$10.05
| Increases 6.5%/11/yrs | Pop 5Mi 17,150 |
Lot/AC 0.84 | Options 4/5yrs/6.5% | AHHI 5Mi $86,066 |
| |
This newly constructed AutoZone is strategically located at the hard corner intersection of Alfred Street and North Dupont Boulevard (Hwy 13) with access to 29,800 vehicles per day. Dupont Blvd serves as the primary retail thoroughfare serving Georgetown with national/credit tenants such as Walmart Supercenter, Redner’s, Walgreens, Starbucks, McDonald’s, and more. Additionally, the site is...
...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
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...
1 Miles | 3 Miles | 5 Miles | |
2028 Total Population : | 5,417 | 11,881 | 17,992 |
2023 Total Population : | 5,523 | 11,836 | 17,525 |
2023 Employed Civilian Pop : | 1,973 | 4,442 | 7,183 |
2023 Total Businesses : | 503 | 764 | 918 |
2023 Average Household Income : | $ 64,978 | $ 74,513 | $ 86,781 |
2023 Total Consumer Spending : | $ 86 M | $ 212 M | $ 401 M |
2023 Median Age : | 33 | 34 | 37 |
2023 Total Households : | 1,517 | 3,263 | 5,328 |
2023 Pop Age 25+: Bachelor's Degree : | 254 | 709 | 1,618 |
2023 Average Home Value : | $ 295,770 | $ 318,196 | $ 366,359 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
US113 DUPONT BOULEVA | Alfred St | 2020 | 17,721 | 0.21 mi |
SR18 N. BEDFORD STRE | Mary St | 2020 | 13,730 | 0.30 mi |
North Bedford Street | Pepper St | 2016 | 19,978 | 0.30 mi |
N Race St | Douglas St | 2003 | 524 | 0.38 mi |
Seashore Hwy | N Bedford Exd | 2003 | 10,807 | 0.41 mi |
Dupont Boulevard | Berlin Rd | 2016 | 29,819 | 0.42 mi |
West Market Street | Georgetown | 2016 | 13,079 | 0.43 mi |
US9 W. MARKET STREET | Tam Aly | 2020 | 10,931 | 0.44 mi |
Douglas St | N Race St | 2003 | 226 | 0.45 mi |
The Circle | Rd 28 | 2019 | 16,125 | 0.48 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]