For Sale

AutoZone | Huntingdon, TN

Asking Price: $980,000 | Cap Rate: 6.25%

  • Net Operating Income: $61,200
  • Weighted Avg. Lease Term (WALT): 10 Years
  • Lease Type: Net

Property Highlights

  • Leased to AutoZone (S&P: BBB) on a brand new 10-year net lease; minimal landlord responsibilities
  • Corporate guarantee from national tenant: with over 6,300 locations nationwide
  • Low price point; opportunity to acquire a fully renovated building below replacement cost
  • Tennessee is one of the nine income tax-free states in the U.S; provides buyers with additional tax benefits