Autozone
Las Vegas, NV 89156
Absolute NNN- Investment Grade- Growing MSA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- AutoZone (NYSE: AZO) – Rated “BBB” by S&P’s – Investment Grade Credit Tenant
- Recent Lease Extension – Shows Strong Commitment to the Site by Tenant
- 4, 5 Year Options – 5% Increases Each Option
- 10 Years Remaining – Absolute NNN Lease – Zero Landlord Responsibilities
- Long Term Operating History – Occupied at the Location since 2008
- Close Proximity to Major Traffic Generators such as Walmart Neighborhood Market, Albertsons, McDonald’s, CVS, and Dollar Tree
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
7,551 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.68 AC
Zoning
C-2
Parking
12 Spaces (1.63 Spaces per 1,000 SF Leased)
Frontage
156’ on Hollywood Blvd
AMENITIES
- Signage
ABOUT AUTOZONE , LAS VEGAS, NV 89156
We are pleased to offer to qualified investors an opportunity to purchase a new 10 year absolute NNN leased investment fully occupied by AutoZone Corp (NYSE: AZO – investment grade credit). Located at the intersection of two of the main thoroughfares of Las Vegas, NV (Lake Mead Blvd & Hollywood Blvd), this well positioned building benefits from its close proximity to major traffic generators such as Walmart Neighborhood Market, Albertsons, McDonald’s, CVS and Dollar Tree. Additionally, the tenant has just elected to extend the lease early for an additional 7 years showing a strong sign of commitment to the site as the tenant has occupied the subject property since 2008.
PROPERTY TAXES
| Parcel Number | 140-22-715-006 | Improvements Assessment | $228,206 |
| Land Assessment | $90,714 | Total Assessment | $318,920 |
