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Auto Parts

AutoZone (Hub Location)

2099 N Black Horse Pike, Monroe, NJ 08094

Listing Price: $5,190,089

Cap Rate
5.65%
Tenant Name
AutoZone
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
14,840
Lease Type
Double Net
Rent Per Square Feet
$19.76

Investment Overview

Within a 3-mile radius the AHI is $132K with a Population of 60K. Within a 1-mile radius, we have seen a 4.8% population growth, where over 3,500 residential units are planned or under construction within a 5-mile radius. 15 miles(w) from Philadelphia and 42 miles from Shore Points(S), right off the A/C Expressway.

Investment Highlights

  • New 15 – year lease with 9% increases every five(5) years, offering stable income and strong inflation hedge.
  • 2.11 Acres wedged between Home Depot(791K Annual Visits) and Sam's Club(1.5M Annual Visits) at the intersection of the Blackhorse Pike(28K VPD) / Cross Keys Rd(29K).
  • Regional Hub Store, which carries significantly higher inventory and plays a central role in AutoZone's rapid distribution network, supporting 25 – 50+ nearby stores with multiple daily deliveries.

Exclusively Listed By

Broker of Record

  • John Horowitz

    Senior Managing Director / Division Leader

    (201) 742-6100

    License(s) NJ: 2192359

    New Jersey

Financing By

Auto Parts

AutoZone (Hub Location)

Listing Price: $5,190,089

Cap Rate
5.65%
Tenant Name
AutoZone
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
14,840
Lease Type
Double Net
Rent Per Square Feet
$19.76

Investment Highlights

  • New 15 – year lease with 9% increases every five(5) years, offering stable income and strong inflation hedge.
  • 2.11 Acres wedged between Home Depot(791K Annual Visits) and Sam's Club(1.5M Annual Visits) at the intersection of the Blackhorse Pike(28K VPD) / Cross Keys Rd(29K).
  • Regional Hub Store, which carries significantly higher inventory and plays a central role in AutoZone's rapid distribution network, supporting 25 – 50+ nearby stores with multiple daily deliveries.

Investment Overview

Within a 3-mile radius the AHI is $132K with a Population of 60K. Within a 1-mile radius, we have seen a 4.8% population growth, where over 3,500 residential units are planned or under construction within a 5-mile radius. 15 miles(w) from Philadelphia and 42 miles from Shore Points(S), right off the A/C Expressway.

Exclusively Listed By

Broker of Record

  • John Horowitz

    Senior Managing Director / Division Leader

    (201) 742-6100

    License(s): NJ: 2192359

    New Jersey

Financing By

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