AutoZone

$1,687,721

17481 Tennessee 58, Decatur, TN 37322

For Sale

Retail Other

Active

Last Updated: 03/18/2025

Details:

Cap Rate: 5.75%

NOI: $97,044

Building Size: 6,786 sqft

Lot Area: 49,222 sqft

Occupancy: 100%

Lease Type: Double Net

Year Built: 2007

Tenancy: Single

Highlights:

Corporate AutoZone with 14 Years, 4 Months remaining on the lease term and 1.5% annual increases in years 21-32.
AutoZone operates 6,400+ locations in 50 states, with Revenues of $18.5 Billion. AutoZone has an S&P Rating of BBB.
This property is located along Highway 58 where traffic counts average 4,834 vehicles per day and near Highway 30 where traffic counts average 7,246 vehicles per day. Nearby retailers include Dollar Tree, Piggly Wiggly, McDonald’s, Hardee’s, Dollar General, Subway, and more.
Tennessee is a no income tax state.
Average household income of $72,664 and population of 5,302 within a 5-mile radius.
This property is located in Decatur, Tennessee, the County Seat of Meigs County. Decatur is located approximately 52 miles from Chattanooga, Tennessee and 66 miles from Knoxville, Tennessee.

Description:

AutoZone is located in Decatur, Tennessee, the county seat of Meigs County. This property is located along State Highway 58 North near Highway 30 where traffic counts average 7,246 vehicles per day. Other nearby retailers include Dollar Tree, Piggly Wiggly, McDonald’s, Hardee’s, Dollar General, Subway, and much more.