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Single Tenant Retail

AutoZone (Hub Location)

2099 N Black Horse Pike Williamstown, NJ

Listing Price: $5,190,089

Cap Rate

5.65%

Net Operating Income

$293,240

Lease Type

NN

Lot Size

2.11 Acres

Rentable SF

14,840 SF

Guarantor

Corporate

Year Built | Remodled

2005 | 2025

Investment Highlights:
 

Exclusivley Listed By:

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SENIOR DIRECTOR INVESTMENTS
MARK KRANTZ

(215) 531-7056
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SENIOR MANAGING DIRECTOR INVESTMENTS
DERRICK DOUGHERTY

(215) 531-7026

LONG TERM 15-YEAR AUTOZONE HUB LEASE

» New 15 – year lease with 9% increases every five(5) years, offering stable income and strong inflation hedge

EXCEPTIONAL REAL ESTATE FUNDAMENTALS

» 2.11 Acres wedged between Home Depot(791K Annual Visits) and Sam’s Club(1.5M Annual Visits) at the intersection of the Blackhorse Pike(28K VPD) / Cross Keys Rd(29K)

INVESTMENT GRADE TENANT | PUBLICLY TRADED COMPANY(NYSE: AZO):

» Fortune 500 Company(founded in 1979) with a BBB investment grade rating from S&P and 6,400 stores across the U.S and more than 7,300 globally

HUB STORE FORMAT

» This is a regional Hub Store, which carries significantly higher inventory and plays a central role in AutoZone’s rapid distribution network, supporting 25 – 50+ nearby stores with multiple daily deliveries

STRATEGIC LOCATION BETWEEN PHILADELPHIA AND SHORE POINTS

» 15 miles(w) from Philadelphia and 42 miles from Shore Points(S), right off the A/C Expressway.

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2005 Market Street, Suite 1510

Philadelphia, PA 19130

(215) 531-7000

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