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AUTOZONE | 15-YEAR GROUND LEASE

$1,317,645 | 4.25%

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2003 Rock Quarry Rd
Raleigh, North Carolina 27610

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Features

  • 15-Year Ground Lease on a New Construction AutoZone | Currently Under Construction | Anticipated Completion by Fall 2024
  • 10 Percent Rental Increases Every Five Years Throughout Term | Corporately Guaranteed by AutoZone Development, LLC
  • 2.6 Miles from Downtown Raleigh and 3.1 Miles from the North Carolina State Capitol
  • 1.8 Miles from Villages of Sunnybrook (384 Units, 2023 Construction) and Rock Quarry Landing (188 Units, Under Construction)
  • 27,500 Vehicles per Day Along Rock Quarry Road | 27,500 Vehicles per Day Along Rock Quarry Road | Near Two Heavily Traveled Interstates
  • 202,011 People Live Within Five Miles | 48 Percent Growth in Population Since the Year 2000 | Anticipated to Grow an Additional Seven Percent by 2027

Contact

TIMOTHY NICHOLS
Vice President Investments
Tel: (630) 570-2183
Timothy.Nichols@marcusmillichap.com

* Broker of Record: Ben Yelm

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