autozone absolute triple net

AutoZone | Clifton, NJ

We Are Pleased to Present For Sale the AutoZone Absolute Triple Net Investment Opportunity Located at 977 Bloomfield Avenue in Clifton, New Jersey. This is a Hub Location That Acts as a Feeder Store to All Other AutoZone Locations in the Region. This Thriving Store Which Operates Under an Absolute Triple Net Lease, With Attractive Rent Increases, Provides For a Best-of-Class Investment With Income Growth of an Established Tenant in a Highly Desirable New Jersey Market.

  • ~13 Years Remaining on an Absolute Triple Net (NNN) Lease – No Landlord Responsibility
  • Recently Renewed Lease – Showing Commitment to Site
  • Strong 25 Year Operating History
  • AutoZone, Inc. Corporate Guarantee – Investment Grade National Credit Tenant (BBB+)
  • Tenant is Paying Below Market Rent
  • Shadow Anchored By Home Depot
  • High Barrier to Entry Market
  • This Location is a Feeder Store Which Supplies All Other AutoZone Stores in the Region
  • Essential Business – E-Commerce, Recession and COVID Proof Tenant
  • Just Off NJ Route 3 Which Sees Over 151,600 VPD
  • Strong Demographics – Population of Over 626,309 Residents Within a 5-Mile Radius Making an Average Household Income of $102,365
  • Nearby Tenants Include: Walgreens, CVS Pharmacy, Dunkin’, Sherwin Williams, Modell’s Sporting Goods, Dollar Tree, Old Navy, Petco, Trader Joe’s, Target, Kohl’s, Starbucks, Costco, Chipotle and More
Greg Balderacchi – JDS Real Estate Services, Inc.
NJ Lic. #1646484 & CA Lic. #01507135
213.446.5366 |

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