13525 SW 288th St
Homestead, FL 33033
Brand New 2019 AutoZone · Retail Property For Sale

PROPERTY HIGHLIGHTS Rare Corporate Guaranty – The lease is already signed by a corporate entity but for added security and financial backing, AutoZone Inc., the parent company, has signed a corporate guaranty. Absolute NNN Lease – Tenant takes care of taxes, insurance, and all the maintenance AREA HIGHLIGHTS Excellent Retail Synergy – The intersection of Biscayne Dr and Tallahassee Rd is surrounded by strong complementary retailers such as Walmart Supercenter, Publix Super Market, 7-Eleven, Walgreens, Chase, Bank of America, Burger King, and Wendy’s. Homestead Air Force Base – Subject property is only minutes away from Homestead Air Force Base which employs 1,400 full-time employees who live in Homestead and surrounding communities and hosts another 1,700 reservists who drill monthly at the base. It continues to be a major contributor of economic growth by generating $331 million in the local economy last year. Homestead-Miami Speedway – Since 2002, Homestead–Miami Speedway has hosted the final race of the season in all three of NASCAR’s series: the Monster Energy NASCAR Cup Series, NASCAR Xfinity Series, and the NASCAR Gander Outdoors Truck Series. High Growth Market – Both the 1-mile and 3-mile have seen high growth in population since 2010. Right Off Highway – Subject property is right off Ronald Reagan Turnpike (Florida Turnpike) that sees an average of 57k cars per day. Income-Tax Free State – Florida is one of the few states with no state income tax. TENANT HIGHLIGHTS Top Producer – AutoZone generated ±$11.2B in sales last year, topping both O’Reilly Auto Parts and Advance Auto Parts who ended the year with ±$9.2B and ±$9.5B, respectively. Financially Strong – AutoZone has a $23.4B market cap, $900+ stock price, and BBB investment grade credit by S&P.