90 W Main St
Woodland, CA 95695
Commerce de détail Propriété À vendre

Coastal Commercial is pleased to offer For Sale this AutoZone Ground Lease located at 90 W. Main Street in Woodland, CA. AutoZone has been successfully operating at this location since 1999 and in 2023 agreed to extend their lease for an additional 10 Years, expiring November 30, 2033. The lease calls for 8% rental increases every 5 years including in each of the remaining 4, 5-year option periods. AutoZone’s in-place rental rate equates to $0.88 PSF, NNN which ultimately translates into a very rare
and low price point Absolute NNN offering in Northern CA.
Built in 1999, the subject property has been well-maintained and offers a pride of ownership asset providing secure, stable and passive income. AutoZone is situated along Main Street on a 0.84 acre parcel and is well parked with 35 spaces on a concrete surface parking lot. The offering benefits from exposure to just over 10K vehicles per day and is located in a densely populated trade area with a 3-mile population of 54,275 people.
The immediate trade area is comprised of a number of national retailers, which include Walmart Neighborhood Market, Nugget Market, Walgreens, CVS, Rite Aid, Les Schwab Tire, Bank of America, McDonald's, Carl's Jr, Arby's, Kentucky Fried Chicken, Starbucks and many others.