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5222 Garth Rd
Baytown, TX 77521
AutoZone · Retail Property For Sale


Investment Highlights
- Absolute NNN Lease Structure - Zero Landlord Responsibilities
- 10% Rental Increase Upcoming in 2032 in the Firm Term as well as the Options
- S&P BBB Credit Rating | Investment Grade Rating
- AutoZone Committed to an Early Renewal to Extend the lease for an Additional 10 Years in 2021
- Long Term Tenant Occupancy | AutoZone has Occupied the Subject Property for Almost 20 Years
- AutoZone, Inc. Corporate Guaranty - No Subsidy Guarantor
Executive Summary
Absolute NNN Lease Structure - Zero Landlord Responsibilities
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,360 SF
Building Class
B
Year Built
2007
Price
$4,019,558 CAD
Price Per SF
$546.14 CAD
Cap Rate
5%
NOI
$200,978 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.39 AC
Zoning
None
Property Taxes
| Parcel Number | 1297730000002 | Improvements Assessment | $1,130,445 CAD |
| Land Assessment | $735,764 CAD | Total Assessment | $1,866,209 CAD |
Property Taxes
Parcel Number
1297730000002
Land Assessment
$735,764 CAD
Improvements Assessment
$1,130,445 CAD
Total Assessment
$1,866,209 CAD
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