Confidentiality Agreement

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AutoZone Ground Lease

5313 Jefferson Road, Athens, GA, 30607
For Sale

Property Details

  • Price: $1,667,000
  • Property Type: Retail
  • Availability: Available
  • Transaction Type: For Sale
  • Cap Rate: 4.50%
  • Lot Size: 1.02 AC
  • Lease Type: NNN
  • Year Built: 2024.98
  • Tenancy: Single Tenant
  • Available SF: 7,381 SF

Property Description

SECURE INCOME

  • 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

PROXIMITY

  • Strategically Located at Entrance to Publix Anchored Center and 296 Unit Apartment Complex – large 1.03 acre parcel
  • 121,871 Residents in Trade Area – $90,840 average household income within 3-mile radius
  • Excellent Access and Visibility to 27,000 VPD – along Jefferson Rd. with direct access to downtown Athens
  • Minutes to University of Georgia – home to 40,607 students, 11,887 employees and providing an economic impact of over $7.6 billion for the state of Georgia
  • Close Proximity to Piedmont Athens Regional Hospital – a 427-bed facility with 3,300 employees
  • 5 Miles to Downtown Athens – 6th largest city in Georgia

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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