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AutoZone 17481 State Highway 58 N

6,786 SF Retail Building Decatur, TN 37322 $1,687,721 ($249/SF) 5.75% Cap Rate

Retail Space Tennessee Decatur 17481 State Highway 58 N, Decatur, TN 37322

Investment Highlights

  • Corporate AutoZone with 15+ years remaining on the lease term and 1.5% annual increases in years 21-32.
  • This property is located along Highway 58 where traffic counts average 4,834 VPD & near Highway 30 where traffic counts average 7,246 VPD.
  • Average household income of $75,324 and population of 5,287 within a 5-mile radius.
  • AutoZone operates 6,400+ locations in 50 states, with Revenues of $17.5 Billion. AutoZone has an S&P Rating of BBB.
  • Tennessee is a no income tax state.
  • This property is located in Decatur, Tennessee, the County Seat of Meigs County. Decatur is located approximately 52 miles from Chattanooga, TN.

Attachments

CoStar MP

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
6,786 SF
Year Built
2007
Price
$1,687,721
Price Per SF
$249
Cap Rate
5.75%
NOI
$97,044
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.13 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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Nearby Major Retailers

Piggly Wiggly
Regions Bank
(612) 332-6600

Contacts

  • Listing ID: 31716597

  • Date on Market: 5/6/2024

  • Last Updated:

  • Address: 17481 State Highway 58 N, Decatur, TN 37322

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AutoZone | 17481 State Highway 58 N
(612) 332-6600 x

AutoZone | 17481 State Highway 58 N

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Keith Sturm

(612) 332-6600

(612) 332-6600

Deborah Vannelli

(612) 376-4475

(612) 376-4475

Amanda Leathers

(612) 436-0045

(612) 436-0045

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