Skip to main content

Auto Parts

Autozone | Chinatown Hard Corner + Extremely Strong Sales

3455 S Decatur Blvd, Las Vegas, NV 89102

Listing Price: $3,300,000

Cap Rate
4.36%
Tenant Name
Autozone
Years Remaining On Lease
2.9
Guarantor
Corporate Guarantee
Rentable SF
6,504
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$22.14

Investment Overview

AZO’s current rent is roughly 38.5% below market, so exercising their remaining two (2) five (5) year options is highly likely

Investment Highlights

  • 3455 S Decatur Blvd is on an absolute triple net lease to Autozone, Inc.
  • 3455 Autozone ranks in the top 98% of all Autozones nationally and runs at an extremely low rent to sales ratio (Ask Agent for 2023 sales data)
  • Autozone site is ideally situated at the hard corner and signalized intersection of Decatur Blvd and Spring Mountain Road in Chinatown (Spring Valley)

Exclusively Listed By

Auto Parts

Autozone | Chinatown Hard Corner + Extremely Strong Sales

Listing Price: $3,300,000

Cap Rate
4.36%
Tenant Name
Autozone
Years Remaining On Lease
2.9
Guarantor
Corporate Guarantee
Rentable SF
6,504
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$22.14

Investment Highlights

  • 3455 S Decatur Blvd is on an absolute triple net lease to Autozone, Inc.
  • 3455 Autozone ranks in the top 98% of all Autozones nationally and runs at an extremely low rent to sales ratio (Ask Agent for 2023 sales data)
  • Autozone site is ideally situated at the hard corner and signalized intersection of Decatur Blvd and Spring Mountain Road in Chinatown (Spring Valley)

Investment Overview

AZO’s current rent is roughly 38.5% below market, so exercising their remaining two (2) five (5) year options is highly likely

Exclusively Listed By

MM Texture Background
MM Textured Background Lower