Available
AutoZone
1235 S Market St, Elizabethtown, PA 17022
Investment Opportunity
The Offering
Bennett Williams is pleased to exclusively offer for sale a new construction AutoZone investment property in Elizabethtown, Pennsylvania. The tenant, AutoZone Development, LLC, will operate under a new twenty year lease term. AutoZone currently operates over 6,900 retail store locations throughout the United States. Headquartered in Memphis, Tennessee, AutoZone is the leading retailer and a leading distributor of automotive replacement parts and accessories in the United States. The subject property is strategically situated along South Market Street, which is one of the fastest growing corridors in the Elizabethtown, PA market. This location gives AutoZone a billboard like presence in the market.
Investment Highlights
→ AutoZone is the leading retailer and a leading distributor of automotive replacement parts and accessories in the United States, headquartered in Memphis, Tennessee.
→ Rental Increases in the base term, as well as the option terms give an investor a solid return over the lease term.
→ The property is ideally positioned along South Market Street and within close proximity to other major thoroughfares in the market, as well as major retail developments, making it the ideal spot for a retailer.
→ Eizabethtown Autozone - Lancaster County MSA location and 58 miles east of downtown Baltimore
→ Zero Landlord Responsibility - Absolute Triple Net (NNN) lease structure
→ Close Proximity to Interstate Highway - Under 1.5 miles from PA-283
→ National Retailers located nearby - McDonald's, Taco Bell, Dunkin, Advanced Auto Parts, Wendy's and many more!
The Details
Square Footage:
6,816 SF
Property Type:
Freestanding
Price:
$2,800,080
Investment Type:
Single Tenant
Tenancy:
Single
Cap Rate:
5%
The Location
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