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Auto Parts

AutoZone | Absolute NNN Ground Lease | Investment Grade Tenant (NYSE: AZO; S&P BBB)

Northeast Corner of Immokalee Rd & Randall Blvd, Naples, FL 34120

Listing Price: $2,353,000

Cap Rate
4.25%
Tenant Name
AutoZone Stores, LLC
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
7,574
Lease Type
Ground Lease
Rent Per Square Feet
$13.20

Investment Overview

The Sulo Group is pleased to present an AutoZone located in Naples, FL.

Investment Highlights

  • Brand New 2024 Construction AutoZone Ground Lease
  • Outparcel to The Randall at Orangetree
  • Highly Trafficked Immokalee Rd with +/- 42,000 Cars per Day
  • 14,000+ New Residential Units in Various Phases just East of Site
  • Internet Resistant & Recession Proof Tenant
  • Florida is an Income Tax-Free State

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Auto Parts

AutoZone | Absolute NNN Ground Lease | Investment Grade Tenant (NYSE: AZO; S&P BBB)

Listing Price: $2,353,000

Cap Rate
4.25%
Tenant Name
AutoZone Stores, LLC
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
7,574
Lease Type
Ground Lease
Rent Per Square Feet
$13.20

Investment Highlights

  • Brand New 2024 Construction AutoZone Ground Lease
  • Outparcel to The Randall at Orangetree
  • Highly Trafficked Immokalee Rd with +/- 42,000 Cars per Day
  • 14,000+ New Residential Units in Various Phases just East of Site
  • Internet Resistant & Recession Proof Tenant
  • Florida is an Income Tax-Free State

Investment Overview

The Sulo Group is pleased to present an AutoZone located in Naples, FL.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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