115 Marketplace Dr
Sanford, NC 27332
AutoZone · Retail Property For Sale

NEW 15-YEAR ABSOLUTE NNN GROUND LEASE
- Brand-new 2026 construction secured by a 15-year absolute NNN ground lease with zero landlord responsibilities, providing investors with long-term passive income and minimal management.
INVESTMENT-GRADE CORPORATE TENANT
- Leased to AutoZone, Inc. (NYSE: AZO), one of the nation's leading automotive parts retailers with more than 7,000 locations and investment-grade credit ratings (BBB S&P)
LOCATED IN THE RALEIGH-DURHAM MSA
- Sanford is situated within the greater Raleigh-Durham MSA, ranked among the top metros in the U.S. for population growth, job creation, and economic expansion, driving sustained consumer demand throughout Lee County
DOMINANT MARKET POSITION WITH HIGH BARRIERS TO ENTRY
- AutoZone commands the largest share of the U.S. automotive parts retail market, supported by a sophisticated supply chain, proprietary inventory systems, and deep brand loyalty
PAD-READY LOCATION ON JEFFERSON DAVIS HWY (US-1)
- Positioned along Jefferson Davis Hwy (US-1), a primary commercial artery through Sanford with strong daily traffic counts and excellent visibility to passing motorists
RECESSION-RESISTANT RETAIL SEGMENT
- Auto parts retailers historically perform well during economic downturns as consumers defer vehicle replacement and invest in maintenance and repair, creating consistent demand for automotive parts and services