Auto Parts
AutoZone Ground Lease - 15 Yr NNN
19210 Preston R, Dallas, TX 75252
Listing Price: $1,333,300
Investment Overview
Marcus & Millichap is pleased to present for sale AutoZone in Dallas, Texas. 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.
Dallas is the most populous city in the Dallas/Fort Worth Metroplex with a population of over 1.3 million people as of the 2020 U.S. Census. The construction of the Interstate Highway System reinforced Dallas’ prominence as a transportation hub, with four major interstate highways converging in the city and a fifth interstate loop around it. The city is further connected through its public transportation system, DART (Dallas Area Rapid Transit). The city of Dallas welcomes 24.9 million visitors each year, resulting in a thriving tourism industry.
AutoZone Ground Lease - 15 Yr NNN
Investment Highlights
- Brand New 15-Year Absolute Triple-Net (NNN) Ground Lease with Corporate AutoZone Guaranty (NYSE: AZO)
- Six Percent Rental Increases Every Five Years
- New High-Quality 2024 Construction
- 374,991 Residents within a Five-Mile Radius - Dallas/Fort Worth MSA
- Outparcel to Lowe's and Adjacent to Brand New Clean Freak Car Wash and Dutch Bros Currently Under Construction
- Excellent Frontage and Accessibility Along Preston Road (More Than 68,500 Combined Cars per Day at the Intersection)
- Average Household Income Exceeds $140,000 in the Immediate Area
- Located Immediately Off the President George Bush Turnpike (152,300 Cars per Day)
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $1,333,300
Investment Highlights
- Brand New 15-Year Absolute Triple-Net (NNN) Ground Lease with Corporate AutoZone Guaranty (NYSE: AZO)
- Six Percent Rental Increases Every Five Years
- New High-Quality 2024 Construction
- 374,991 Residents within a Five-Mile Radius - Dallas/Fort Worth MSA
- Outparcel to Lowe's and Adjacent to Brand New Clean Freak Car Wash and Dutch Bros Currently Under Construction
- Excellent Frontage and Accessibility Along Preston Road (More Than 68,500 Combined Cars per Day at the Intersection)
- Average Household Income Exceeds $140,000 in the Immediate Area
- Located Immediately Off the President George Bush Turnpike (152,300 Cars per Day)
Investment Overview
Marcus & Millichap is pleased to present for sale AutoZone in Dallas, Texas. 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. Dallas is the most populous city in the Dallas/Fort Worth Metroplex with a population of over 1.3 million people as of the 2020 U.S. Census. The construction of the Interstate Highway System reinforced Dallas’ prominence as a transportation hub, with four major interstate highways converging in the city and a fifth interstate loop around it. The city is further connected through its public transportation system, DART (Dallas Area Rapid Transit). The city of Dallas welcomes 24.9 million visitors each year, resulting in a thriving tourism industry.
Exclusively Listed By
Broker of Record
Financing By
