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AutoZone

17026 Old Cheney Highway, Orlando, FL 32833

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$2,098,000
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6,840 SF
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$306.73
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Retail
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Free Standing Bldg
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Net Lease Investment with 10+ years left on lease
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7.15%
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Single
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2009
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37,435 SF

Listing ID  16271156

Highlights

bulletOrlando Area
bulletFortune 500 Investment Grade Tenant
bulletNew 20-Year NNN Lease

Description

Exclusively listed by the Sanner Team. Completed May 2009, a 6,840 square foot freestanding AUTOZONE retail store. Leased to AUTOZONE, INC., for 20 years from June 1, 2009 until June 2029 at the annual net rent of $150,000. The lease is net with tenant responsible for all taxes, maintenance and insurance including roof and structure. There are four five-year renewal options at 10% increases each option period.

This property is centered around a developed area with numerous retailers and single-family residential developments. Retailers in the area include: Wal-Mart, Walgreens, Publix, Advance Auto Parts, Circle K, Fifth Third Bank, McDonald' s, Taco Bell, Whataburger, Burger King and many more local, national and regional retailers.

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Actual
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$150,007

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