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1420 N Main St 6,786 SF Retail Building Orrville, OH 44667 $2,557,625 CAD ($376.90 CAD/SF) 5.90% Cap Rate
INVESTMENT HIGHLIGHTS
- Single-Tenant AutoZone with Proven Operating History and Recent Extension: AutoZone has a long and successful operating history at this location
- The Subject Property is Adjacent to Some of the City’s Largest Employers
- 10% increases in each of the four 5-year options Investment-grade national tenant (NYSE: AZO; S&P: BBB) and has been a Fortune 500 company
- Over 7 years remaining; recently signed a 5-year extension, showing the tenant’s commitment to the location
- Orrville is Part of the Cleveland-Akron-Canton Combined Statistical Area: The region is home to 3.63 million residents
EXECUTIVE SUMMARY
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- Jan 2033
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 END | ||
|
|
Retailer | - | - | Jan 2033 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 58-00164-002 | Improvements Assessment | $234,186 CAD |
| Land Assessment | $74,255 CAD | Total Assessment | $308,442 CAD |
PROPERTY TAXES
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1420 N Main St
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