
Close of Escrow: AutoZone in Nogales, AZ
SIG is pleased to announce the recent Close of Escrow on AutoZone located in Nogales, Arizona.
Investment Highlights Include:
- Absolute NNN Ground Lease with No Landlord Responsibility
- 10% Increase at Each Option
- Tenant Recently Executed an Early Lease Extension Showing Their Dedication and Belief in the Location
- Highly Sought After Real Estate on a Dense Retail Corridor
- Outparcel to the Mariposa Mall
- Property is Strategically Well Positioned as Retail Development and Growth is Surging at US-Mexico Border Towns as Mexico Residents Account for a Significant Portion of Overall Retail Sales
- AutoZone’s Credit is Currently S&P Rated BBB and is Continuing to Improve as AutoZone Continues to Expand Globally and has Improved their Credit Through the Repurchase Over 80% of their Outstanding Shares in the Last 18 Years while Maintaining Consistent Growth in Store Count, Sales, Same Store Sales and Net Income
In Cooperation with RDO Investments, LLC Lic # LC637047000
Closing Price: $1,331,000
Closing CAP: 5.77%
Listing Agents: Chris Naylon and Kaveh Ebrahimi
For More Information Contact:
Chris Naylon
Lic #01839132
310.438.5525
cnaylon@SIGnnn.com

By submitting your information and signing up for email updates, you agree to SIG Online Terms of Use