AutoZone - Net Lease Property for Sale
Key Investment Metrics
Price
$1,231,000
Cap Rate
5.0%
Net Operating Income
$61,548
Building Size
7327 SF
Lot Size
7,327 SF
Land Area
0.45 Acres
Remaining Term
11.5 years
Lease Expiration
12/31/2037
Lease Term
40.4 years
Lease Commencement
08/01/1997
Lease Type
NNN
Tenant Credit
Credit Rated
Year Built
1976
Occupancy
100%
Tenancy
Single
Rent Increases
5% In Options
About This AutoZone Net Lease Property
This AutoZone NNN (triple net lease) property is located in , PA and represents an excellent investment opportunity for commercial real estate investors. The property features 7327 square feet of building space and was built in 1976.
With a cap rate of 5.0%, this AutoZone net lease property offers stable income potential. The asking price is $1,231,000, making it an attractive option for 1031 exchange investors seeking quality AutoZone commercial properties.
Why Invest in AutoZone NNN Properties?
- Stable Income: AutoZone net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: AutoZone is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
, PA Market Overview
Located in , PA, this AutoZone property benefits from strong local demographics and market fundamentals. The area offers excellent visibility and accessibility, making it an ideal location for AutoZone operations and a solid investment for net lease property buyers.