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AutoZone 186 Grandview Ave 7,000 SF Retail Building Honesdale, PA 18431 $1,265,000 ($180.71/SF) 4.74% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand-New 2025 Construction | 15-Year Absolute NNN Ground Lease With AutoZone
- Tenant Pays All Expenses Including Roof, Structure, Taxes, and Insurance | Zero Landlord Responsibilities
- Located in Regional Retail Corridor Near Walmart, Tractor Supply Co., The Home Depot, TJ Maxx and Weis
- Corporate Guarantee From AutoZone, Inc. (NYSE: AZO | $61.8B Market Cap | BBB / Baa1 Rated)
- Large 1-Acre Parcel With Excellent Visibility Along Grandview Avenue (16,321 VPD)
- Long-Term, Recession-Resistant Tenant With Over 7,100 Global Locations and $18.5B in Revenue
EXECUTIVE SUMMARY
Brand-New 2025 Construction | 15-Year Absolute NNN Ground Lease With AutoZone
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,000 SF
Building Class
C
Year Built
2025
Price
$1,265,000
Price Per SF
$180.71
Cap Rate
4.74%
NOI
$60,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.00 AC
Zoning
C-1 - zoning allows for small-scale commercial establishments like convenience stores, cafes, and small offices, serving the immediate neighborhood
Frontage
198’ on US Route 6
AMENITIES
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Autozone
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Autozone | - | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 015385 | Improvements Assessment | $0 |
| Land Assessment | $140,300 | Total Assessment | $140,300 |
PROPERTY TAXES
Parcel Number
015385
Land Assessment
$140,300
Improvements Assessment
$0
Total Assessment
$140,300
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AutoZone | 186 Grandview Ave
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