Auto Parts
AutoZone
27970 Clinton Keith Rd, Murrieta, CA 92563
Listing Price: $2,250,000
Investment Overview
The subject property is a brand-new construction ±6,758 square foot AutoZone located in Murrieta (Riverside County), California. The asset is ideally situated in a brand-new construction Costco Anchored center. AutoZone signed a twenty-year absolute triple net ground lease with ten percent (10%) rental increases every five years, and in each of the three, five-year renewal options. AutoZone, a publicly traded company, has been in operation since 1979 and has over 6,400 locations across the United States, Mexico, Puerto Rico, Brazil and the US Virgin Islands.
AutoZone
Investment Highlights
- Brand New 2023 Construction AutoZone – 20-Year Absolute NNN Ground Lease in Southwest Riverside County Featuring 10% Rental Increases Every Five Years
- Features Easy Access and Excellent Visibility on Warm Springs Parkway and Clinton Keith Road to Over 27,000 Vehicles Per Day
- Direct Access to I-215, the Escondido Freeway, which Boasts Daily Traffic Counts of 105,000 Vehicles Per Day
- Located Within a Brand-new Construction Costco Wholesale Anchored Center
- Directly Across Clinton Keith Road from Vista Murrieta High School (Over 3,500 Students)
- Average Household Income of $133,102
Exclusively Listed By
Financing By
Listing Price: $2,250,000
Investment Highlights
- Brand New 2023 Construction AutoZone – 20-Year Absolute NNN Ground Lease in Southwest Riverside County Featuring 10% Rental Increases Every Five Years
- Features Easy Access and Excellent Visibility on Warm Springs Parkway and Clinton Keith Road to Over 27,000 Vehicles Per Day
- Direct Access to I-215, the Escondido Freeway, which Boasts Daily Traffic Counts of 105,000 Vehicles Per Day
- Located Within a Brand-new Construction Costco Wholesale Anchored Center
- Directly Across Clinton Keith Road from Vista Murrieta High School (Over 3,500 Students)
- Average Household Income of $133,102
Investment Overview
The subject property is a brand-new construction ±6,758 square foot AutoZone located in Murrieta (Riverside County), California. The asset is ideally situated in a brand-new construction Costco Anchored center. AutoZone signed a twenty-year absolute triple net ground lease with ten percent (10%) rental increases every five years, and in each of the three, five-year renewal options. AutoZone, a publicly traded company, has been in operation since 1979 and has over 6,400 locations across the United States, Mexico, Puerto Rico, Brazil and the US Virgin Islands.
Exclusively Listed By
Financing By
