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Auto Parts

AutoZone, Inc. Early Extension - Abs. NNN

625 E Main St, Gardner, KS 66030

Listing Price: $1,881,200

Cap Rate
6.00%
Tenant Name
AutoZone, Inc.
Years Remaining On Lease
9.6
Guarantor
Corporate Guarantee
Rentable SF
6,840
Lease Type
Absolute Net
Rent Per Square Feet
$16.50

Investment Overview

Long-Term Absolute NNN lease with AutoZone, Inc. in the Kansas City MSA. Tenant did an early lease extension at the location.

Investment Highlights

  • Corporate Lease with AutoZone, Inc. (NYSE: AZO) - Early Lease Extension | 9.5+ Years Remaining
  • Absolute NNN Lease Structure - Zero Landlord Responsibilities
  • Longstanding Build-to-Suit Location - 17-Year Operating History
  • Kansas City MSA - 171,681 Residents in a 10-Mile Radius
  • Proximity to New Development Projects - 1.8 Miles from $245M Mixed-Use Development
  • Quick Access to the Interstate 35 - 39,400 Vehicles Per Day
  • Built in Customer Base - Over Nine Auto Repair Locations in Submarket
  • Surrounded by National Tenants - Walmart, Friendly's, Big O Tires, Price Chopper

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Financing By

Auto Parts

AutoZone, Inc. Early Extension - Abs. NNN

Listing Price: $1,881,200

Cap Rate
6.00%
Tenant Name
AutoZone, Inc.
Years Remaining On Lease
9.6
Guarantor
Corporate Guarantee
Rentable SF
6,840
Lease Type
Absolute Net
Rent Per Square Feet
$16.50

Investment Highlights

  • Corporate Lease with AutoZone, Inc. (NYSE: AZO) - Early Lease Extension | 9.5+ Years Remaining
  • Absolute NNN Lease Structure - Zero Landlord Responsibilities
  • Longstanding Build-to-Suit Location - 17-Year Operating History
  • Kansas City MSA - 171,681 Residents in a 10-Mile Radius
  • Proximity to New Development Projects - 1.8 Miles from $245M Mixed-Use Development
  • Quick Access to the Interstate 35 - 39,400 Vehicles Per Day
  • Built in Customer Base - Over Nine Auto Repair Locations in Submarket
  • Surrounded by National Tenants - Walmart, Friendly's, Big O Tires, Price Chopper

Investment Overview

Long-Term Absolute NNN lease with AutoZone, Inc. in the Kansas City MSA. Tenant did an early lease extension at the location.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

Financing By

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