Autozone Ground Lease, GA
AUTOZONE GROUND LEASE – 5 YR LEASE
DeKalb County, GA
PRICE $927,000
GLA 6,659 SF
PROPERTY TYPE Single Tenant Retail
CAP RATE 4.4%
LEASE TYPE Ground Lease
YEAR BUILT n/a
DeKalb County, GA
PRICE $927,000
GLA 6,659 SF
PROPERTY TYPE Single Tenant Retail
CAP RATE 4.4%
LEASE TYPE Ground Lease
YEAR BUILT n/a
DEMOGRAPHICS
Population 759,297
Per Capita Inc $36,077
Median HH Inc $64,461
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INVESTMENT HIGHLIGHTS
- Free Standing Building – Absolute NNN Ground Lease to AutoZone (S&P Credit Rating: BBB)
- AutoZone has been at this location since the 1990’s
- Below market rent with 2 (5) year options remaining
- $3,000 annual increases in rent at each option period
- AutoZone, Inc is a retailer and distributor of automotive replacement parts and accessories in the United States
- The Property is located within the Atlanta Metropolitan Area
| Price: | $927,000 |
| City: | DeKalb County |
| State: | GA |
| Square Feet: | 6,659 SF |
| Price: | $927,000 |
| Cap Rate: | 4.4% |