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:
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.