5313 Jefferson Rd - Auto Repair FOR SALE


Athens, GA 30607
$1,667,000 USD
760-930-7931
5313 Jefferson Rd, Athens, GA for Sale
$1,667,000 USD
Auto Repair - FOR SALE
1/6
null | 4.5% Cap Rate

5313 Jefferson Rd
Athens, GA 30607


HIGHLIGHTS

  • New 15-Year Absolute NNN Ground Lease with 10% Increases in Year 11 & Renewal Options
  • Excellent Access and Visibility to 27,000 Cars Per Day
  • 121,871 Residents in Trade Area with $90,840 Average Household Income

OVERVIEW

• New 15-Year Absolute NNN Ground Lease – zero landlord responsibilities • Brand New 2024 Upgraded Construction – latest prototype and design • Corporate Guaranty from AutoZone, Inc. – publicly traded company, NYSE: AZO • Investment Grade Credit Rated Tenant – ‘BBB’ by Standard & Poor’s • AutoZone Generated $17.56 Billion Revenue in 2023 – over 7,300 locations in U.S., Mexico and Brazil with 95,000+ employees

FOR SALE DETAILS

PRICE

$1,667,000 USD

PRICE/SF

$226 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New AutoZone 15-Yr. Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

C-G

APN/PARCEL ID

062-25A

ASK ABOUT THIS PROPERTY

Thomas LadtColliersMore Info
760-930-7931

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Thomas LadtColliersMore Info
760-930-7931

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.