Close of Escrow: AutoZone in Clearfield, UT

SIG is pleased to announce the recent Close of Escrow on AutoZone located in Clearfield, Utah.

Investment Highlights Include:

  • Corporately Guaranteed Lease By AutoZone, Inc (S&P Rating-BBB)
  • 8 Years Remaining on a Rare Initial 20 Year Corporate AutoZone Lease
  • 10% Rent Increase Scheduled For October 2020
  • Excellent Visibility – Located Directly Off Interstate 15 With Over 113,000 Vehicles Per Day
  • Ogden – Clearfield MSA Named To Forbes ‘Top 15 Fastest Growing Cities of 2017’ and is Also Ranked Among Their ‘Most Livable’ Cities in the US
  • Situated On A Hard Signalized Corner Across the Street From Clearfield High School (1700 Students), South Davis Elementary (550 Students), and North Davis Junior High School (1024 Students) Which Have A Collective Enrollment of 3,274 Students
  • Located Four Miles From Hill Air Force Base, Which Occupies 1,000,000 Acres and Employs More Than 21,000 Personnel

In Cooperation with JDS Real Estate Services, Inc. BoR: Jennifer D. Stein – Lic. # 8485414-PB00

Closing Price: $2,156,000
Closing CAP:  5.25%

Listing Agents: John Kerr, John Cigliano and Adam Scherr

For More Information Contact:

John Kerr
Lic #01996892
424.228.1718
jkerr@SIGnnn.com