Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a brand-new 2025 construction AutoZone located along Grandview Avenue in Honesdale, Pennsylvania. Under the absolute NNN lease structure, the tenant is responsible for all expenses, including roof, structure, taxes, and insurance—providing zero landlord responsibilities and a true passive investment. The property sits on a large one-acre parcel with excellent visibility and exposure to over 16,000 vehicles per day along Grandview Avenue. Priced at $1,265,000, the asset offers an exceptionally low ground rent of $60,000 per year, creating a stable and affordable entry point into an investment backed by a leading national retailer. Positioned within a regional retail corridor, the site benefits from proximity to major national tenants including Walmart, Tractor Supply Co., The Home Depot, TJ Maxx, and Weis Markets. The surrounding trade area is dense and economically strong, generating over $300 million in annual consumer spending within a 10-mile radius. In addition, the property is located near Honesdale High School and Wayne Highlands Middle School, which together serve more than 1,100 students, supporting consistent local traffic. With strong real estate fundamentals, including signalized access, a large parking field, and AutoZone’s modern prototype design, this offering presents investors with a long-term, recession-resistant asset backed by one of the nation’s most recognized automotive retailers with over 7,100 global locations and $18.5 billion in annual revenue.