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Auto Zone 1235 S Market St 6,816 SF Retail Building Elizabethtown, PA 17022 $2,666,743 ($391.25/SF) 5.25% Cap Rate
Executive Summary
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.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
6,816 SF
Building Class
C
Year Built
2023
Price
$2,666,743
Price Per SF
$391.25
Cap Rate
5.25%
NOI
$140,004
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.15 AC
Zoning
C-G - Commercial General zoning
Parking
35 Spaces (5.13 Spaces per 1,000 SF Leased)
Frontage
106’ on South Market Street
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 250-40734-0-0000 | Improvements Assessment | $417,400 |
| Land Assessment | $121,000 | Total Assessment | $538,400 |
Property Taxes
Parcel Number
250-40734-0-0000
Land Assessment
$121,000
Improvements Assessment
$417,400
Total Assessment
$538,400
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Auto Zone | 1235 S Market St
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