AutoZone | Clarksville, TN | Sands Investment Group

Investment Offering

Tenant: AutoZone | Clarksville, TN
Premises: 7,600 SF
Renewal Options: 4 x 5 Years

Lease Expiration: 5/30/2025
Lease Type: Absolute NNN Ground Lease
Rental Increases: 10% Increase in 2020

Ground Lease Investment Opportunity with Zero Landlord Responsibilities
Corporately Guaranteed Lease by AutoZone, Inc (S&P Rating –BBB)
10% Rental Increase Scheduled for 2020 and At Options
Income Tax Free State – Tennessee is One of the Few States with No State Income Tax
Clarksville is the 5th Largest City in Tennessee with Over 150,000 Residents
Strategically Located on Highway 41 with 22,721 Vehicles Per Day
Clarksville is Home to the Fort Campbell Military Base – The 3rd Largest Military Population in the Army (120,000 Troops)
Home to Austin Peay State University with Over 10,300 Students Enrolled
New $800 Million Hankook Tire Factory, $600 Million Google Data Center, and $250 Million LG Home Appliance Factory are Set to Bring More Than 2,000 Jobs to Clarksville, TN

In Cooperation with Sands Investment Group Tennessee, LLC – BoR: Kaveh Ebrahimi – Lic # 344496

Tenant Overview

For more than 30 years, AutoZone has been committed to providing the best parts, prices and customer service in the automotive aftermarket industry. We have a rich culture and history of going the Extra Mile for our customers and our community. AutoZone is the nation's leading retailer and a leading distributor of automotive replacement parts and accessories with more than 6,000 stores in US, Puerto Rico, Mexico, and Brazil. Each store carries an extensive line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured hard parts, maintenance items and accessories. Since opening its first store in Forrest City, Arkansas on July 4, 1979, the company has joined the New York Stock Exchange (NYSE: AZO) and earned a spot in the Fortune 500. AutoZone also sell automotive diagnostic and repair software through ALLDATA, diagnostic and repair information through alldatadiy.com, and auto and light truck parts and accessories through AutoZone.com.

Area Overview