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Off Market
1/6

Autozone
Peekskill, NY 10566


HIGHLIGHTS

  • AutoZone (NYSE: AZO) - Rated “BBB” by S&P’s - Investment Grade Credit Tenant
  • ~12.5 Years Remaining - Corporate Guaranty - NNN Lease - Ease of Management
  • 4, 5 Year Option Periods - 10% Increases Every 5 Years
  • Recently Constructed 2017 Building - Co-Tenant with Family Dollar (Investment Grade Tenant)
  • Deliverable Free and Clear of Existing Debt - Pride of Ownership

OVERVIEW

We are pleased to offer to qualified investors an opportunity to purchase (fee simple) a single tenant NNN leased investment that is fully occupied by AutoZone with a corporate guaranty from AutoZone, Inc. (NYSE: AZO - investment grade credit) that includes 12.5 years remaining on the initial term. Positioned on Main St, this recently constructed 2017 building benefits from its location on the main East/West corridor through Peekskill, NY and is an ideal fit for the tenant’s target demographics. This is an excellent opportunity to buy an investment grade credit tenant (rated “BBB” by S&P’s), with 12.5 years remaining on a NNN lease providing passive income with zero day-today Landlord responsibilities.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Long Term Lease- Investment Grade

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

6801

STORIES

1

YEAR BUILT

2017

SPRINKLERS

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PARKING SPACES

24

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

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