AutoZone

Highlights:

• Absolute NNN Lease Structure - Zero Landlord Responsibilities
• AutoZone Committed to an Early Renewal to Extend the lease for an Additional 10 Years in 2021
• 10% Rental Increase Upcoming in 2032 in the Firm Term as well as the Options
• Long Term Tenant Occupancy | AutoZone has Occupied the Subject Property for Almost 20 Years
• S&P BBB Credit Rating | Investment Grade Rating AutoZone, Inc.
• Corporate Guaranty - No Subsidy Guarantor
• 10% Increases in the Option Periods | (4) 5 Year Renewals
• Subject Property is 7,360 SF and Sits on 1.39 Acres of Land
• Houston MSA | In close Proximity to Downtown Houston - 28 Miles East
• Directly adjacent to the property is the Grand Bay Apartments, a high-end multifamily community completed in 2023 featuring 238 units across three stories.
• AutoZone is the Nation's Leading Retailer and a Leading Distributor of Automotive Replacement Parts
• Located on High Traffic Volume, Garth Road in Baytown Which See's 32,000 + Vehicles Per Day Subject
• Property is Located 1 Mile From the Houston Methodist Baytown Hospital Surrounded by National Retailers Such as: The Home Depot, Lowes, Walmart, Target, Hobby Lobby, Dollar Tree, Chic-fil-A, Walgreens, Goodwill, National Tire & Battery, CVS & Many More.

Description:

AutoZone - Baytown, TX

Baytown is a city within Harris County, located just 30 miles east of downtown Houston, Baytown is the third largest city in Harris County, and is easily accessible via Interstate 10, Highway 146, and the Grand Parkway (Hwy 99). With a population of around 74,000, Baytown encompasses an area of approximately 34 square miles and boasts a rich environment, as well as a strong historical and economic heritage.

The city’s strategic location has encouraged a successful and diverse blend of employment opportunities and recreational activities centered on the area’s waterways. Located in the Texas Independence Trail region, Baytown is rich in history. General Sam Houston was an early resident, and the area played a significant role in the Battle of San Jacinto in 1836. The region was also home to the Karankawa Indians; their artifacts can still be found at the Baytown Nature Center.

Major employers include ExxonMobil, Goose Creek Consolidated Independent School District, and San Jacinto Methodist Hospital. With a booming economy, Baytown is experiencing unprecedented growth in industry, retail and housing. The city has maintained high quality of life while becoming a major center for economic growth in the Sugarland-Houston-Baytown metropolitan area.

Get Outdoors and experience Baytown’s recreational opportunities! Explore the great fishing holes from freshwater bayous to saltwater bays! Or grab a professional fishing guide and have them do all the planning! Challenge yourself with a round of golf among gorgeous magnolias and creeks at Evergreen Point Golf Course, situated on property formerly owned by Dr. Ashbel Smith, Surgeon General of the Texas Army and friend of Sam Houston.

Embrace the local culture in Baytown as you attend one of the annual events such as Grito Fest in October, the Fireworks extravaganza and concert on July 4th or one of the numerous other events held throughout the year, such as the high school all-star Bayou Bowl, Christmas on Texas Avenue, or the Nurture Nature Festival. Relax on the patio at Yepez Vineyard which features an adobe style winery reminiscent of the Southwest along with their handcrafted wines. Throughout the summer enjoy their concert series every Thursday evening and music on the patio every Sunday year round.

---

Report Listing This listing was syndicated through: