Your email has been sent.
AutoZone | Bakersfield, CA 1125 Olive Dr 8,302 SF Retail Building Bakersfield, CA 93308 $3,753,005 CAD ($452.06 CAD/SF) 5.25% Cap Rate
Investment Highlights
- Single-Tenant AutoZone Pad To Grocery Outlet, Dollar Tree, And Goodwill
- 10% Increases Every 5 Years In The Initial Term And In Each Of The Four 5-Year Options
- Low 2nd Generation Rent ($17.32/SF)
- New 15-Year NNN Lease
- 2025 Renovation; New Silicone Roof Coating With 20-Year Transferable NDL Warranty
- Investment-Grade National Tenant (NYSE: AZO; S&P: BBB) And Has Been A Fortune 500 Company For The Past 25+ Years
Executive Summary
Property Facts
Amenities
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- $23.72 CAD
- Double Net
- Dec 2040
AutoZone is the nation's leading retailer and a leading distributor of automotive replacement parts and accessories with stores in the US, Mexico, Brazil and Puerto Rico. Each store carries an extensive line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured hard parts, maintenance items and accessories. AutoZone, headquartered in Memphis, TN, is a growing Fortune 300 company with a deep commitment to serving their customers, communities and fellow AutoZoners. They have vast opportunities in their stores, distribution centers, field offices, specialty business units and Store Support Center and embrace diverse experiences, backgrounds, knowledge and ideas to strengthen their teams and business. Their team is connected by a deep commitment to their Pledge and Values, principles established more than thirty years ago that reinforce their priorities and team culture.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | $23.72 CAD | Double Net | Dec 2040 |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,347,341 CAD | |
| Land Assessment | $164,455 CAD | Total Assessment | $2,511,796 CAD |
Property Taxes
Presented by
AutoZone | Bakersfield, CA | 1125 Olive Dr
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.