Auto Parts
AutoZone Ground Lease | 20 Year Term
17520 N Porter Rd, Maricopa, AZ 85138
Listing Price: $1,553,000
Investment Overview
Marcus & Millichap is pleased to present for sale AutoZone in Maricopa, Arizona. AutoZone is the nation’s leading retailer and a leading distributor of automotive replacement parts and accessories with more than 6,800 stores in the US, Puerto Rico, Mexico, and Brazil. As one of Arizona’s fastest-growing cities, Maricopa remains rich in history and innate beauty, and remains a fantastic place to raise a family, build a business, or enjoy the warm climate and desert views.
AutoZone Ground Lease | 20 Year Term
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Corporate Ground Lease
- Eight Percent Rental Increases Every Five Years After Year 10 of the Lease
- 60,427 Residents within Growing Maricopa Trade Area in the Phoenix MSA - Projected to Increase Over 26 Percent in the Immediate Area by 2027
- Situated within The Wells, a 50-Acre Mixed-Use Development Anchored by Walmart with Other National Retailers Coming Soon (Tractor Supply Co, Taco Bell, Burger King, Chili's, and More)
- Surrounded by New Residential and Multifamily Developments
- Over 18,500 Cars per Day at the Intersection of North Porter Road and West Maricopa-Casa Grande Highway
- Minutes from Maricopa City Hall and Central Arizona College
- Average Household Income Exceeds $88,000 within a One-Mile Radius
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager
Financing By
Listing Price: $1,553,000
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Corporate Ground Lease
- Eight Percent Rental Increases Every Five Years After Year 10 of the Lease
- 60,427 Residents within Growing Maricopa Trade Area in the Phoenix MSA - Projected to Increase Over 26 Percent in the Immediate Area by 2027
- Situated within The Wells, a 50-Acre Mixed-Use Development Anchored by Walmart with Other National Retailers Coming Soon (Tractor Supply Co, Taco Bell, Burger King, Chili's, and More)
- Surrounded by New Residential and Multifamily Developments
- Over 18,500 Cars per Day at the Intersection of North Porter Road and West Maricopa-Casa Grande Highway
- Minutes from Maricopa City Hall and Central Arizona College
- Average Household Income Exceeds $88,000 within a One-Mile Radius
Investment Overview
Marcus & Millichap is pleased to present for sale AutoZone in Maricopa, Arizona. AutoZone is the nation’s leading retailer and a leading distributor of automotive replacement parts and accessories with more than 6,800 stores in the US, Puerto Rico, Mexico, and Brazil. As one of Arizona’s fastest-growing cities, Maricopa remains rich in history and innate beauty, and remains a fantastic place to raise a family, build a business, or enjoy the warm climate and desert views.
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager
Financing By
