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AutoZone 13525 SW 288th St 7,381 SF Retail Building Homestead, FL 33033 $2,005,000 ($271.64/SF) 4.50% Cap Rate

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Investment Highlights

  • Perfect Investment Opportunity - Absolute NNN Ground Lease
  • Next Rental Bump in Three Years
  • Income Tax Free State
  • 2020 Construction
  • High Growth Market of South Miami-Dade County
  • Financially Strong Tenant with Corporate Guaranty

Executive Summary

Charles Wayne Properties is pleased to present this superb absolute NNN ground lease investment opportunity in Homestead, Florida. This AutoZone is ideally situated in a dense retail corridor with high traffic counts and features a corporate guaranty from AutoZone, Inc, the parent company. There are eight years remaining on the lease with four 5-year options and 10% rent increases every 5 years. The next rental increase is due in just three years and there is no FROR!

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,381 SF
Building Class
B
Year Built
2020
Price
$2,005,000
Price Per SF
$271.64
Cap Rate
4.50%
NOI
$90,200
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.04 AC
Zoning
6200

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • 7,381 SF
  • $271.64
  • Triple Net
  • Feb 2034

AutoZone is the nation's leading retailer and a leading distributor of automotive replacement parts and accessories with stores in the US, Mexico, Brazil and Puerto Rico. Each store carries an extensive line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured hard parts, maintenance items and accessories. AutoZone, headquartered in Memphis, TN, is a growing Fortune 300 company with a deep commitment to serving their customers, communities and fellow AutoZoners. They have vast opportunities in their stores, distribution centers, field offices, specialty business units and Store Support Center and embrace diverse experiences, backgrounds, knowledge and ideas to strengthen their teams and business. Their team is connected by a deep commitment to their Pledge and Values, principles established more than thirty years ago that reinforce their priorities and team culture.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer 7,381 SF $271.64 Triple Net Feb 2034
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Wells Fargo
Chase Bank
Workout Anytime
Publix
Bank of America
SouthState Bank

Property Taxes

Property Taxes

Parcel Number
30-7902-000-0095
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,862,795
  • Listing ID: 39286377

  • Date on Market: 2/1/2026

  • Last Updated:

  • Address: 13525 SW 288th St, Homestead, FL 33033

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