07012 Archives | Sands Investment Group

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