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7943 Decatur Blvd
Las Vegas, NV 89131
Retail Property For Sale
Investment Highlights
- New Construction AutoZone | 20-year NNN Ground Lease with no landlord responsibility
- AutoZone reported net sales of $5.7 billion for its fourth quarter ended August 26, 2023, an increase of 6.4% from the fourth quarter of fiscal 2022.
- Subject property is positioned as the main entry point to the new Valley Vista Master Planned Community by D.R. Horton (4,100 new homes)
- Corporate Guarantee from AutoZone Inc. | Publicly traded (NYSE: AZO) | Investment grade tenant (S&P BBB)
- For the quarter, gross profit, as a percentage of sales, was 52.7%, an increase of 118 basis points versus the prior year.
- Affluent Trade Area | Average Household Income within 1-mile is $117,440
Property Facts
Property Type
Building Size
7,400 SF
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
4.86 AC
Zoning
C-1 MPC - Master Plan Community Neighborhood Commercial
Frontage
153’ on North Decatur Boulevard
Amenities
- 24 Hour Access
Property Taxes
| Parcel Number | 124-18-110-009 | Improvements Assessment | $0 |
| Land Assessment | $1,033,067 | Total Assessment | $1,033,067 |
Property Taxes
Parcel Number
124-18-110-009
Land Assessment
$1,033,067
Improvements Assessment
$0
Total Assessment
$1,033,067
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