Auto Parts
AutoZone
5222 Garth Rd, Baytown, TX 77521
Listing Price: $2,736,500
Investment Overview
Marcus & Millichap is pleased to offer for sale the fee simple interest in a 7,370-square-foot auto parts store in Baytown, Texas, in which AutoZone Parts Inc. has 11.2 years remaining on its absolute triple-net lease. The lease features a 10 percent rent increase in 2032 in the firm term and four five-year renewal options, each with 10 percent rent increases.
AutoZone sits along Garth Road within Baytown’s primary retail corridor, surrounded by national retailers including The Home Depot, Lowe’s Home Improvement, Walmart Supercenter, Hobby Lobby and Best Buy, along with dining options such as Chick-fil-A, El Toro Mexican Restaurant and Luna’s Mexican Restaurant. The nearby Pirates Bay Waterpark draws additional traffic to the area, and just south along Garth Road, Fidelis Realty Partners is redeveloping the former San Jacinto Mall into San Jacinto Marketplace, a first-class shopping, dining and entertainment destination that will further strengthen the retail hub.
Located approximately 26 miles east of downtown Houston along Interstate 10, Baytown is part of the Greater Houston metropolitan statistical area and sits within 5,045,026-person Harris County. The city offers convenient access to both George Bush Intercontinental Airport (IAH) and William P. Hobby Airport (HOU), as well as Houston Methodist Baytown Hospital, currently expanding with a new 24/7 freestanding emergency care center. ExxonMobil, one of the world’s largest petrochemical complexes, anchors the local economy and supports nearly 15,000 jobs in the region, while the upcoming ExxonMobil Baytown Events Center is projected to draw over 200,000 visitors annually once complete.
Founded in 1979 and headquartered in Memphis, Tennessee, AutoZone is the nation’s leading automotive replacement parts retailer. The company operates 7,856 stores and plans to open approximately 365 new stores during fiscal year 2026. AutoZone recently achieved a BBB investment-grade credit rating.
As the leading auto parts retailer in the United States, AutoZone remains well-positioned for continued growth, making this offering an attractive opportunity for investors seeking a long-term net-lease investment backed by a nationally recognized tenant.
AutoZone
Investment Highlights
- Absolute Triple-Net Lease — Zero Landlord Responsibilities
- Scheduled Rent Growth — 10 Percent Rent Increase Upcoming in 2032 in Firm Term and Four Five-Year Options With Increases
- Growing Baytown Population — Approximately 86,000 Residents
- Located in Major Retail Corridor — Positioned Near National Retailers Including The Home Depot, Lowe's Home Improvement, Walmart Supercenter, Five Guys, Hobby Lobby, Aldi, Best Buy and Chick-fil-A
- High-Traffic, Signalized Intersection — Positioned on Garth Road, Which Sees 33,200+ VPD, Near Its Signalized Intersection With Interstate 10, Which Carries 105,000 VPD, Ensuring Maximum Visibility and Drive-By Exposure
- Long Operating History — AutoZone has Operated at this Location Since 2007, Demonstrating a Proven, Established Presence in the Trade Area.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Listing Price: $2,736,500
Investment Highlights
- Absolute Triple-Net Lease — Zero Landlord Responsibilities
- Scheduled Rent Growth — 10 Percent Rent Increase Upcoming in 2032 in Firm Term and Four Five-Year Options With Increases
- Growing Baytown Population — Approximately 86,000 Residents
- Located in Major Retail Corridor — Positioned Near National Retailers Including The Home Depot, Lowe's Home Improvement, Walmart Supercenter, Five Guys, Hobby Lobby, Aldi, Best Buy and Chick-fil-A
- High-Traffic, Signalized Intersection — Positioned on Garth Road, Which Sees 33,200+ VPD, Near Its Signalized Intersection With Interstate 10, Which Carries 105,000 VPD, Ensuring Maximum Visibility and Drive-By Exposure
- Long Operating History — AutoZone has Operated at this Location Since 2007, Demonstrating a Proven, Established Presence in the Trade Area.
Investment Overview
Marcus & Millichap is pleased to offer for sale the fee simple interest in a 7,370-square-foot auto parts store in Baytown, Texas, in which AutoZone Parts Inc. has 11.2 years remaining on its absolute triple-net lease. The lease features a 10 percent rent increase in 2032 in the firm term and four five-year renewal options, each with 10 percent rent increases. AutoZone sits along Garth Road within Baytown’s primary retail corridor, surrounded by national retailers including The Home Depot, Lowe’s Home Improvement, Walmart Supercenter, Hobby Lobby and Best Buy, along with dining options such as Chick-fil-A, El Toro Mexican Restaurant and Luna’s Mexican Restaurant. The nearby Pirates Bay Waterpark draws additional traffic to the area, and just south along Garth Road, Fidelis Realty Partners is redeveloping the former San Jacinto Mall into San Jacinto Marketplace, a first-class shopping, dining and entertainment destination that will further strengthen the retail hub. Located approximately 26 miles east of downtown Houston along Interstate 10, Baytown is part of the Greater Houston metropolitan statistical area and sits within 5,045,026-person Harris County. The city offers convenient access to both George Bush Intercontinental Airport (IAH) and William P. Hobby Airport (HOU), as well as Houston Methodist Baytown Hospital, currently expanding with a new 24/7 freestanding emergency care center. ExxonMobil, one of the world’s largest petrochemical complexes, anchors the local economy and supports nearly 15,000 jobs in the region, while the upcoming ExxonMobil Baytown Events Center is projected to draw over 200,000 visitors annually once complete. Founded in 1979 and headquartered in Memphis, Tennessee, AutoZone is the nation’s leading automotive replacement parts retailer. The company operates 7,856 stores and plans to open approximately 365 new stores during fiscal year 2026. AutoZone recently achieved a BBB investment-grade credit rating. As the leading auto parts retailer in the United States, AutoZone remains well-positioned for continued growth, making this offering an attractive opportunity for investors seeking a long-term net-lease investment backed by a nationally recognized tenant.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
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