Price $1,477,272 $1,625,000 | Built/Renov 2023 | Tenant AutoZone (GL) |
Cap Rate 4.40% 4.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
Size/SF
7,381
| Lease Start
11-15-2023
| #Units
6,943
|
Price/SF $200.15 $220.16 | Expiration
11-30-2038
| Tenant Type Automotive |
NOI $65,000 | R. Term 14.11 | Ownership Ground Lease |
Rent/SF
$8.81
| Increases 8.0%/5/yrs | Pop 5Mi 22,750 |
Lot/AC 1.07 | Options 4/5yrs/8% | AHHI 5Mi $99,263 |
| |
AutoZone is conveniently situated at the intersection of SR 52 and Clinton Ave, where there is a daily traffic count of approximately 31,000 vehicles passing by. This intersection has recently undergone expansion as part of a significant $85 million road improvement project. This area is now a four-lane divided road, providing improved access for residents and visitors. The subject property is...
...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
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 : | 624 | 13,613 | 47,848 |
2023 Total Population : | 620 | 12,540 | 41,315 |
2023 Employed Civilian Pop : | 180 | 5,038 | 18,277 |
2023 Total Businesses : | 82 | 254 | 679 |
2023 Average Household Income : | $ 144,972 | $ 112,639 | $ 112,633 |
2023 Total Consumer Spending : | $ 31 M | $ 389 M | $ 1411 M |
2023 Median Age : | 22 | 38 | 39 |
2023 Total Households : | 255 | 3,986 | 14,422 |
2023 Pop Age 25+: Bachelor's Degree : | 41 | 1,792 | 6,119 |
2023 Average Home Value : | $ 460,340 | $ 409,619 | $ 357,563 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
State Hwy 52 | Schambeau Rd | 2011 | 12,900 | 0.62 mi |
Curley Rd | Ohio Ave | 2010 | 4,596 | 0.63 mi |
Curley Rd | Hwy 579A | 2010 | 4,942 | 0.72 mi |
FL 52 | Edward Ct | 2021 | 13,200 | 0.90 mi |
State Hwy 52 | Campus Dr | 2001 | 10,000 | 0.94 mi |
Prospect Road | Hwy 579A | 2021 | 4,200 | 1.07 mi |
Curley Rd | Michigan Ave | 2010 | 3,327 | 1.14 mi |
Curley Road | Tyndall Rd | 2021 | 9,700 | 1.51 mi |
Prospect Rd | Williams Cemetery Rd | 2007 | 2,988 | 1.74 mi |
Pasco Rd | Rinaldi Rd | 2009 | 867 | 1.80 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]