505 Texas Hwy 31 - Auto Repair FOR SALE
Chandler, TX 75758 |
505 Texas Hwy 31
Chandler, TX 75758
HIGHLIGHTS
- Single-Tenant Corporate AutoZone Ground Lease: New 15-year absolute NNN ground lease
- Investment-grade national tenant (NYSE: AZO; S&P: BBB) and has been a Fortune 500 company for the past 21+ years
- AutoZone is building the brand new construction, 7,381-square-foot building at their sole cost and expense
- Recession-Internet Resistant Tenant / “Essential” Business: AutoZone is recession-proof, as consumers use and extend the life of their automobiles
- Texas is an Income Tax-Free State
- Sits on State Highway 31 (the Highest Trafficked Road in City Center) Which Sees Over 22,310 Cars Per Day
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
AutoZone
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
7381
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
0136-2130-0000-12
