Auto Parts

AutoZone | Baltimore City | New 20-Year Ground Lease

Liberty Heights Ave & Plateau Ave., Baltimore, MD 21207

Listing Price: $1,752,742

Cap Rate
4.85%
Tenant Name
AutoZone
Years Remaining On Lease
20.0
Guarantor
Corporate Guarantee
Rentable SF
7,147
Lease Type
NNN Ground Lease
Rent Per Square Feet
$11.89

Investment Overview

AutoZone, Inc. is the largest retailer and distributor of automotive replacement parts and accessories in the United States with 6,000 stores across the United States, Puerto Rico, Mexico, and Brazil. Founded in 1979, each AutoZone store carries an extensive product line for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. AutoZone also sells automotive diagnostic and repair software through ALLDATA, diagnostic and repair information through alldatadiy.com, and auto and light truck parts and accessories through AutoZone.com. Many AutoZone stores have a commercial sales program that provides commercial credit and prompt delivery of parts and other products to local, regional, and national repair garages, dealers, service stations, and public sector accounts. IMC branches carry an extensive line of original equipment quality import replacement parts.

Investment Highlights

  • NEW 20-YEAR TERM
  • 7.5% RENT INCREASE IN BASE TERM
  • DENSE BALTIMORE LOCATION

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

Auto Parts

AutoZone | Baltimore City | New 20-Year Ground Lease

Listing Price: $1,752,742

Cap Rate
4.85%
Tenant Name
AutoZone
Years Remaining On Lease
20.0
Guarantor
Corporate Guarantee
Rentable SF
7,147
Lease Type
NNN Ground Lease
Rent Per Square Feet
$11.89

Investment Highlights

  • NEW 20-YEAR TERM
  • 7.5% RENT INCREASE IN BASE TERM
  • DENSE BALTIMORE LOCATION

Investment Overview

AutoZone, Inc. is the largest retailer and distributor of automotive replacement parts and accessories in the United States with 6,000 stores across the United States, Puerto Rico, Mexico, and Brazil. Founded in 1979, each AutoZone store carries an extensive product line for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. AutoZone also sells automotive diagnostic and repair software through ALLDATA, diagnostic and repair information through alldatadiy.com, and auto and light truck parts and accessories through AutoZone.com. Many AutoZone stores have a commercial sales program that provides commercial credit and prompt delivery of parts and other products to local, regional, and national repair garages, dealers, service stations, and public sector accounts. IMC branches carry an extensive line of original equipment quality import replacement parts.

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

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