Auto Service - Gas-Conv
AutoZone
3500 Greensboro Ave, Tuscaloosa, AL 35401
Listing Price: $642,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a ground lease AutoZone in Tuscaloosa, Alabama. The property consists of a 6,884-square-foot, freestanding building that sits on approximately 1.0 acres of land. There are 1.5 years remaining on the lease with rental increases in each option.
Investment Highlights
- Corporate Ground Lease with 1.5 Years Remaining
- Low Price Point and Below-Market Rent ($4.42/SF)
- Commitment to Site – Tenant has Operated at this Location for 29 Years
- One-Acre Site Near the University of Alabama
- Signalized Hard Corner Location on Greensboro Avenue and 35th Street; Combined Traffic Counts Exceed 48,235 Vehicles per Day
Broker of Record
Listing Price: $642,000
Investment Highlights
- Corporate Ground Lease with 1.5 Years Remaining
- Low Price Point and Below-Market Rent ($4.42/SF)
- Commitment to Site – Tenant has Operated at this Location for 29 Years
- One-Acre Site Near the University of Alabama
- Signalized Hard Corner Location on Greensboro Avenue and 35th Street; Combined Traffic Counts Exceed 48,235 Vehicles per Day
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a ground lease AutoZone in Tuscaloosa, Alabama. The property consists of a 6,884-square-foot, freestanding building that sits on approximately 1.0 acres of land. There are 1.5 years remaining on the lease with rental increases in each option.
Broker of Record
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Eddie Greenhalgh
Senior Vice President Investments