AutoZone

Highlights:

• Corporate AutoZone with 13 years, 6 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 24 where traffic counts average 16,500 vehicles per day. Located on an outlot to Walmart with other nearby retailers including McDonald’s, Subway, Great Clips, First Bank, and more.
• Average household income of $70,585 and population of 7,109 within a 5-mile radius.
• This property is located in Biscoe, North Carolina. Biscoe’s central location in North Carolina provides close proximity to Charlotte (67 miles), Greensboro (53 miles), and Winston-Salem (70 miles).

Description:

This AutoZone is located in Biscoe, North Carolina, a town located in Central North Carolina. This property is located on Montgomery Crossing along Highway 24 where traffic counts average 16,500 vehicles per day. It is conveniently located on an outlot to Walmart with other nearby retailers including Dollar Tree, McDonald’s, DaVita, Tractor Supply Co, Bojangles, and much more. Located 1.8 miles away from the property is one of Grede’s foundry locations, a leading group that manufactures cast iron components for automotive, commercial vehicle, and industrial markets.

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