AutoZone Investment NN+ Lease Automotive Rhode Island

Investment Offering

Tenant: AutoZone | Woonsocket, RI
Premises: 6,201 SF
Renewal Options: 3 x 5 Years

Lease Expiration: 6/30/2030
Lease Type: NN
Rental Increases: 10% at Options

Sands Investment Group is Pleased to Exclusively Offer For Sale the 6,201 SF AutoZone Investment Located at 1453 Diamond Hill Road in Woonsocket, Rhode Island.

AutoZone, Inc. Corporate Guaranteed Investment Opportunity
Over 10 Years Remaining on the Primary Lease Term With 3 x 5 Year Options
Hard Signalized Intersection Location
AutoZone Has Operated Successfully at This Site For 20 Years – Showing Commitment to Location
Strong Traffic Counts – Over 14,600 Vehicles Per Day Along Diamond Hill Road
Reported Store Sales With Healthy Rent-to-Sales Ratio of 6%
Dense Population – Over 56,600 People Within a 3- Mile Radius and Over 92,800 People Within a 5-Mile Radius
E-Commerce and Recession Proof Tenant Concept
Ideal 1031 Exchange Property
Nearby Retailers Include: Dunkin’, Taco Bell, Planet Fitness, T-Mobile, Little Caesar’s, Burlington, Tractor Supply Co, Applebee’s, Popeyes and More

In Cooperation With Venture Retail Partners, LLC
BoR: Andrew Callahan – Lic. # REB.0018154

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Tenant Overview

AutoZone is an American retailer of aftermarket automotive parts and accessories, and it is the largest in the United States. The company was founded in 1979, and today has over 6,000 stores across the United States, Mexico, and Brazil. For more than 30 years, AutoZone has been committed to providing the best parts, prices and customer service in the automotive aftermarket industry. AutoZone has a rich culture and history of going the Extra Mile for its customers and its community. AutoZone is the nation’s leading retailer and a leading distributor of automotive replacement parts and accessories. 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