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AutoZone | Somerton, AZ 1202 Main st 7,360 SF Retail Building Somerton, AZ 85350 $3,041,170 CAD ($413.20 CAD/SF) 5% Cap Rate
Investment Highlights
- Investment-grade national tenant (NYSE: AZO; S&P: BBB) and has been a Fortune 500 company for the past 25+ years
- Brand-new 2026 construction
- AutoZone’s annual revenue for 2025 was $18.9 billion, up from $18.5 billion in 2024
- New 15-year absolute NNN ground lease; 10% increases every 5 years in initial term and three 5-year options
- AutoZone is the leading retailer and distributor of automotive replacement parts and accessories in the Americas
- As of November 22, 2025, AutoZone had 6,666 stores in the U.S., 895 in Mexico and 149 in Brazil for a total store count of 7,710
Executive Summary
15-Year Absolute NNN Ground Lease | Investment-Grade Tenant (NYSE: AZO; S&P: BBB)
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,360 SF
Building Class
B
Year Built
2026
Price
$3,041,170 CAD
Price Per SF
$413.20 CAD
Cap Rate
5%
NOI
$152,058 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.26 AC
Opportunity Zone
Yes
Zoning
C-2 - Commercial
Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 195-33-035 | Improvements Assessment | $0 CAD |
| Land Assessment | $10,368 CAD | Total Assessment | $10,368 CAD |
Property Taxes
Parcel Number
195-33-035
Land Assessment
$10,368 CAD
Improvements Assessment
$0 CAD
Total Assessment
$10,368 CAD
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AutoZone | Somerton, AZ | 1202 Main st
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