AutoZone Ground Lease

409 Route 9 S, Tuckerton (Little Egg Harbor Twp.), NJ 08087

Offering Memorandum

AutoZone Ground Lease

Under Construction

Property Details

  • Free Standing AutoZone Retailer, Under Construction
  • Situated on U.S. Route 9, located in Little Egg Harbor Township
  • AutoZone sits directly in front of a shopping center that includes anchored tenants such as Acme Markets, Verizon Authorized Retailers, Dollar General, local eatery and a beauty salon. Adjacent to the subject property is a Mavis Discount Tire as well as Ocean First Bank.

Investment Highlights

  • Price: $1,134,020
  • Ground Lease
  • 15 Years Remaining
  • No LL Responsibilities
  • The lease features rare 7.5% rental increases in year 8 of the initial term and in each option period
  • AutoZone Corporate Guarantee, with over 6,000 Stores in all 50 States, Mexico, Puerto Rico, and Brazil

Contact

Ken Yanni

484.417.2223
kyanni@equityretailbrokers.com

Shane Dolan

484.482.2544
sdolan@equityretailbrokers.com

Ed Ginn

484.417.2201
eginn@equityretailbrokers.com

Bri Barratt

484.417.2225
bbarratt@equityretailbrokers.com

Property Location

AutoZone

480 Lancaster Avenue
Malvern, PA 19355