Auto Parts
AutoZone, Inc. Early Extension - Abs. NNN
625 E Main St, Gardner, KS 66030
Listing Price: $1,835,317
Cap Rate
6.15%
Tenant Name
AutoZone, Inc.
Years Remaining On Lease
9.4
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.
AutoZone, Inc. Early Extension - Abs. NNN
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
Broker of Record
Financing By
Listing Price: $1,835,317
Cap Rate
6.15%
Tenant Name
AutoZone, Inc.
Years Remaining On Lease
9.4
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.
Broker of Record
Financing By
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