AutoZone Net Lease Properties

Sands Investment Group is Pleased to Present Exclusively For Sale a 10,908 SF AutoZone Absolute NNN Lease Located at 23 Yost Blvd in Pittsburgh, Pennsylvania. This Investment Will Allow Investors to Get in at Way Below Market Rent With a Strong Investment Grade Tenant. Current Rent is $310,968 Until November 2023 Followed By $103,620 Until October 2028. This is a Great Opportunity For an Investor to Recoup Purchase Cost Over the First 2 Years of Ownership.

• Approximately 7 Years Remaining on an Absolute Triple Net (NNN) Lease With No Landlord Obligation
• Rite Aid Pays an Additional $17,279 Per Month Until November 2023 Through a Sublease to AutoZone
• Below Market Rent at Beginning of AutoZone Lease
• Corporate Guarantee From Strong Investment Grade Tenant AutoZone (NYSE: AZO); – AutoZone Has Been Deemed an Essential Business
• Built in 2003 With Construction Costs of $2,900,000
• Property Sits on a 0.99 Acre Signalized Corner Providing Great Exposure Along Yost Blvd
• Strong Demographics With a Population of 237,472 People Making an Average Income of $71,581 Within 5-Mile Radius
• Located Approximately 10-Miles East of the Center of Pittsburgh
• Nearby Tenants Include: Giant Eagle Supermarket, ALDI, KFC, Dollar General, Rite Aid, Domino’s Pizza, Taco Bell, Subway and Many More

In Cooperation With Sands Investment Group Philadelphia, LLC Lic. # RB069072

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Sands Investment Group is Pleased to Present Exclusively For Sale the AutoZone Ground Lease Investment Opportunity Located at 298 Ulster Avenue in Saugerties, New York.

• Brand New 2020 Construction With a Long Term 20 Year Lease in Place With Four, 5 Year Options
• Absolute Triple Net (NNN) Ground Lease With Zero Landlord Responsibilities
• E-Commerce, Recession and COVID Proof Tenant
• Attractive 8% Rent Increases Every 5 Years Including Option Periods
• Located in Hudson Valley, a High Barrier to Entry Market – Only a Two-Hour Drive From New York City
• Strong Corporate Guarantee From AutoZone, Inc. (S&P: BBB)
• The Rural Area of Saugerties is an Ideal Location For AutoZone’s ”Do-It-Yourself” Business Model
• Property is Located Directly Off Interstate 87 Which is One of the Major New York Highways Running From the Bronx to the Canadian Border
• Nearby Tenants Include: McDonald’s, Big Lots, CVS Pharmacy, Verizon, Price Chopper, Dunkin’, Family Dollar, Subway and More

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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

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Sands Investment Group is Pleased to Exclusively Offer For Sale the AutoZone NNN Investment Opportunity Located at 3675 Elkhorn Boulevard in North Highlands, California.

• Strong Corporate Guarantee From Investment Grade National Credit Tenant (BBB)
• Over 11 Years of Primary Term Remaining With 4 x 5 Year Options
• Brand New Lease Extension Done During Pandemic With No Rent Reduction or Capital Expenditure By Landlord
• E-Commerce, Recession and COVID Proof Tenant
• Ideal 1031 Exchange Property
• Outparcel to Shopping Center With National Brand Tenant Mix
• Proven Location – Over 23 Years of Operating History Showing Commitment to Site
• Strong Demographics – Over 286,400 People Within a 5-Mile Radius With an Average Household Income of $78,105
• Nearby Tenants Include: Goodwill, Big Lots, Dollar Tree, Starbucks, Taco Bell, Aaron’s, McDonald’s, Ross, Walgreens, Bank of America, Walmart and More

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Sands Investment Group is Pleased to Exclusively Offer the AutoZone Absolute NNN Ground Lease Investment Opportunity Located at 2 W Piedmont Street in Keyser, West Virginia.

• Brand New Lease Extension – AutoZone Extended the Lease With No Rent Reduction or Capital Expenditure From Landlord, Demonstrating a Long-Term Commitment to a Proven Location
• Ideal 1031 Investment – Approximately 10 Years Remaining on the Primary Lease Term
• Absolute Triple Net (NNN) Ground Lease With Zero Landlord Responsibilities
• Corporate Guaranteed Lease By Investment Grade Tenant (BBB)
• 10% Rent Increase at Each 4 x 5 Year Option Period
• E-Commerce and Recession Proof Tenant Concept
• Outparcel to the Town’s Main Retail Shopping Center and Grocery Store
• Situated on a Hard Signalized Corner Along the Main Thoroughfares – Which Have a Combined VPD of Over 24,000 Vehicles
• Demographics Ideal For AutoZone’s “Do-It-Yourself” Business Model
• Nearby Tenants Include: Family Dollar, CVS Pharmacy, Goodwill, McDonald’s, Domino’s, Subway, Denny’s, Dollar Tree, Dairy Queen, Burger King, Pizza Hut and More

In Cooperation with Rockstar Realty, LLC
BoR: Paul Napoli (WV0023831) / Nancy McBride WV0002673)

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Sands Investment Group is Pleased to Present Exclusively the 8,000 SF AutoZone For Sale Located at 3716 Reynolda Road in Winston-Salem, North Carolina. AutoZone Has Been a Tenant at This Property For Over 24 Years.  The Tenant Had a New Roof Installed in April With a 15 Year Warranty and They Also Recently Extended Their Lease Until 2028, During the Middle of the COVID Pandemic, Showing Commitment to the Site.  Winston-Salem is the 4th Largest Metropolitan Area in North Carolina With a Population of 680,876 People.  The City is Home To Wake Forest University Which Has Close to 9,000 Students.

• Tenant Commitment – In June, the Tenant Reached Out to the Landlord Wishing to Extend the Lease Over 1 Year Before it Was Due to Expire
• Rents Are Well Below Market – the Tenant Pays $5.25/SF (Market Rent is $12/SF) Making the Income Easily Replaceable Should the Tenant Leave When the Lease Expires
• Strong Corporate Guarantee From AutoZone, Inc. (NYSE: AZO, BBB+)
• The Tenant’s Roof Was Replaced In April and Comes With a 15 Year Warranty
• Strong Operating History – AutoZone Has Been a Tenant Since 1996 and Has Extended Their Lease Six (6) Times
• Internet Resistant Tenant – Customers Need Auto Parts on Short Notice and Benefit From the Professionals at AutoZone
• About 96,200 Residents Live Within a 5-Mile Radius With an Average Household Income of $84,633
• Winston-Salem Has Over 680,000 Residents in the Metropolitan Area, Making it the 4th Largest in the State of North Carolina
• Nearby Tenants Include: Food Lion, Dollar General, Walgreens, Dunkin’, AMC, Taco Bell, Goodwill, CVS Pharmacy, Starbucks, McDonald’s and More

In Cooperation With Sands Investment Group North Carolina, LLC
Lic. # 29362 | BoR: Amar Goli – Lic. # 310575

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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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Sands Investment Group is Pleased to Present This AutoZone Absolute NNN Ground Lease Investment Opportunity Located in Bloomfield, Connecticut.

• Brand New Lease Extension – AutoZone Extended the Lease Without Any Rent Reduction or Capital Expenditure From Landlord, Demonstrating Long Term Commitment to a Proven Location
• 11 Years Remaining on Initial Lease Term With Zero Landlord Responsibilities
• Corporate Guaranteed Absolute Triple Net (NNN) Ground Lease
• Hartford MSA is the 49th Largest in the United States With Over 186,359 People Within a 5-Mile Radius From the Site
• Ideal 1031 Exchange Property
• Strategically Located on U.S. Highway 187 – Which Sees Over 16,911 Vehicles Per Day
• Affluent Market With Average Household Incomes Exceeding $78,000
• Property is Situated Less Than 2-Miles From Interstate 91 – Which Sees Over 140,393 Vehicles Per Day
• Nearby Tenants Include: Dunkin’, Subway, Dollar General, Mobil, Napa Auto Parts, Wendy’s, Burger King, Home Depot, Lowe’s and More

In Cooperation with Venture Retail Partners, LLC

BoR: Andrew Callahan – Lic. REB.0791301

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Sands Investment Group is Pleased to Offer For Sale this AutoZone Triple Net Lease Investment Opportunity Located in Cedar Park (Austin), Texas.

• Long-Term 15 Year Triple Net Lease With Zero Landlord Responsibility
• Located on a Signalized Corner of El Salido Parkway at Ranch Road 620 With Traffic Counts of Over 37,400 VPD
• Excellent Demographics with Over 77,700 Residents Making an Average of $114,183 in a 3-Mile Radius
• Cedar Park is Ranked Among the 15 Fastest-Growing Large Cities and Towns in the U.S. Between July 2016 and July 2017, With the Population Increasing By 4.2%
• Only 1.5-Miles to the Lakeline Mall (29.5 Acres), Lakeline Plaza (35.6 Acres), and Parkline Shopping Center (10 Acres), Walmart Supercenter, and HEB Plus! at the Intersection of Ranch Road 620 and Hwy 183
• Just 2-Miles South of the Austin Community College Cypress Creek Campus (Servicing North Austin, Cedar Park, & Leander)
• Notable Lake Travis is Only a Short 15 Minute Drive With Attractions like Volente Beach Resort & Waterpark, Hippie Hollow Park, and the Oasis on Lake Travis (Known for Their Sunset Dinners on the Deck)
• Nearby Tenants Include: Walgreens, CVS, Exxon, Wendy’s, Wells Fargo, Walmart, 7-Eleven, Sonic, HEB Plus!, Panda Express, Starbucks, Circle K, Shell, Christian Brothers Automotive, Mr. Sharky’s Car Wash, VCA Lakeline Animal Hospital and Many More

In Cooperation with Sands Investment Group Austin, LLC – Lic. # 9004706

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Sands Investment Group is Pleased to Offer this AutoZone Net Lease Investment Opportunity Located in Woodbury, Tennessee.

• Over 9 Years Remaining on Initial 20 Year Lease Term With 4 x 5 Year Options
• Nashville MSA – Largest Growing MSA in the State Contains One-Third of the Total Population of Tennessee
• Income Tax Free State
• Strong Corporate Guarantee From AutoZone, Inc (Investment Grade : BBB)
• Strong Traffic Counts With Over 14,000 VPD Traveling Along Main Street
• Demographics Perfect For AutoZone’s “Do It Yourself” Business Model
• Located Across the Street From a New Dollar General Market, Taco Bell and the Woodbury Police Department

In Cooperation with Sands Investment Group Tennessee, LLC

Kaveh Ebrahimi – TN Lic # 344496

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Sands Investment Group is pleased to present this fee simple investment located in Nappanee, Indiana.

• Rare Price Point Fee Simple AutoZone Investment Opportunity
• Corporate Guaranteed Lease – AutoZone, Inc. (S&P: BBB)
• Approximately 8 Years Remaining on the Initial Term with 4 x 5 Year Options to Extend
• E-Commerce and Recession-Proof Tenant
• Ideal Demographics for AutoZone’s “Do it Yourself” Business Model
• Strategic Location at the Intersection of US Highway 6 and County Road 7 with Thoroughfare of 11,524 Vehicles Per Day.
• Outparcel to Grocery Anchored Shopping Center with Neighboring Strong National Tenants Such As: McDonald’s, CVS, Tractor Supply, Arby’s, Pizza Hut, Burger King, Verizon Wireless, Dollar General and Taco Bell

In Cooperation with JDS Real Estate Services, Inc. BoR: Monte Alexander – Lic. #RC51500226

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Sands Investment Group is pleased to present this Net Lease 1031 Exchange Opportunity located in Oakley, California.

• Rare AutoZone Opportunity in Strong California Demographics – Population of Over 166,734 Residents with an Above Average Household Income Exceeding $103,500 Within a 5-Mile Radius
• Brand New Lease Extension Leaving Over 10 Years Remaining on Initial Term
• Ideal 1031 Exchange Property
• Strong Store Sales with Year Over Year Growth
• Strong Confidence in a Proven Location with Over 25 Years of Experience at the Site
• Located on an Outparcel of the Oakley Town Center Shopping Center Anchored by Lucky Grocery Store and Rite Aid
• Corporately Guaranteed by AutoZone, Inc. – Investment Grade Tenant (S&P: BBB)
• AutoZone is the Second Largest Retailer of Aftermarket Automotive Parts and Accessories in the U.S. and Has an Annual Revenue of $10.64 Billion

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Sands Investment Group is pleased to present this Double Net Lease investment opportunity located in Killeen, Texas. This AutoZone has 10 years remaining on the lease.

• 10 Year Double Net Lease – Landlord Responsible for 50% Roof Replacement
• Below Market Rent at $7.61 PSF
• Tenant Has Shown Commitment to Site by Requesting an Early Extension From the Landlord
• Located on Signalized Corner With Traffic Counts of Over 27,000 VPD
• Situated Along Veterans Memorial Blvd Which is the Main East/West Corridor Between Fort Hood and Harker Heights
• Population of 160,000+ With an Average Household Income of Over $58,000 Within a 5-Mile Radius
• 10 Minutes from the Fort Hood Army Base – Founded in 1942, It’s 340 Square Miles and is the Largest Active Duty Armored Post in the U.S Serving Over 40,000 Soldiers and 9,000 Civilian Employees
• Nearby Tenants Include: Budget Truck Rental, Shell, Chevron, Texas Auto Traders, Planet Fitness, Caliber Collision, HEB Grocery, Advance Auto Parts, KFC, McDonald’s and Many More

In Cooperation with Sands Investment Group Austin, LLC – Lic # 9004706

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Sands Investment Group is pleased to present this AutoZone Absolute NNN Ground Lease located in Charleston, West Virginia.

• Corporately Guaranteed Lease by AutoZone, Inc. (S&P Rating – BBB)
• Ground Lease Investment Opportunity with Zero Landlord Responsibilities
• Strategically Located in “Do-It-Yourself” Market – Perfect for the AutoZone Business Model
• Strong Operating History – AutoZone Has Been Successfully Operating at this Location Since 2001
• Charleston is the Capital and Most Populated City in West Virginia
• Over 72,000 People Within a 5-Mile Radius of the Property
• West Virginia had the Highest Percentage Increase in Construction Jobs in the U.S in 2017 (14.4%)
• AutoZone is the Second Largest Retailer of Aftermarket Automotive Parts and Accessories in the U.S with Annual Revenues of Over $10.64 Billion

In Cooperation with Rockstar Realty, LLC – BoR: Paul Napoli (WV0023831) / Nancy McBride (WV0002673)

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• 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

• 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

• New Absolute NNN Ground Lease – Zero Landlord Responsibilities
• Four (5) Year Renewal Options
• 8% Rent Increases at Each Option
• Brand New Construction and Tenant Improvements to be Delivered 11/2017
• AutoZone is the Second Largest Retailer of Aftermarket Automotive Parts and Accessories in the United States and has Annual Revenue of $10.64 Billion
• Over 5,600+ AutoZone Retail Outlets (not franchises) Across the U.S., Puerto Rico, Mexico and Brazil
• Outparcel to Hobby Lobby
• Signalized Intersection and Four Access Points
• Excellent Visibility from 6th Ave. SE and S Roosevelt Street
• Located Along Aberdeen’s Main Thoroughfare and Highly Traveled US Highway – US 12 (6th Ave) and Surrounded by Residential Neighborhoods. Numerous Retail Tenants, Hotels, and Schools
• Northern State University is Two Miles from Location – 3,500+ Student Population
• Traffic Counts – Over 20,000 Vehicles Per Day Along 6th Ave SE
• Daytime Employee Population is 22,734 Within 4 Miles
• Less Than 1 Mile from Aberdeen Mall. Tenants Include: Ashley HomeStore, AMC Classic Theater, Maurice’s, and Herbergers Department Store
• Two Miles from Aberdeen Regional Airport
• Select Nearby Tenants Include: Target, Dollar Tree, OfficeMax, Dairy Queen, Advance Auto Parts, Tractor Supply Co., Wendy’s and McDonalds

In Cooperation with JDS Real Estate Services, Inc. – Jennifer D. Stein License #13512

• 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

100% leased single tenant NNN fee simple (land & building) providing a new investor with a very secure asset (zero landlord responsibilities)

Location was built in 2010, and has shown tremendous growt

AutoZone does not report sales figures, however the company has indicated that this location is one of the top performing stores compared to surrounding stores and those in the Sacramento MS

Lease calls for Four 5 Year extension options following the initial lease term with 10% increase at each option period

AutoZone is a national credit tenant, publically traded on the NYSE: AZO. AutoZone Inc. posted a 2013 net income of over $1 Billion and maintains a BBB credit rating by Standard and Poor (the highest among its competition)