There are only 3.6 years left on the lease (11/30/28), but there are 4, 5 – year option periods remaining. If AutoZone wants, they could be here all the way out through 11/30/58. There could be an opportunity in the next 2 years to make a deal with AutoZone and get them to sign an early 10 Year lease extension.  Should you be able to get an early 10 Year lease extension in place at the current annual rent of $81,000, you could either look to “flip” the property at a profit or hold long term for passive cash flow purposes. Regardless, this could be a great opportunity to own one of the nations TOP auto part retailers in the growing southeastern part of the country for around $1,000,000 +/-AutoZone – 140 Ocilla Hwy. Fitzgerald, GA

• 2005 Build-To-Suit Construction | Concrete Block Exterior

• 20 Year Operating History

• Investment Credit Tenant

• Corporate Backed and Guaranteed Lease

• 12% Rent Increases Every 5 Years

• 4, 5-Year Renewal Options in Place

• Below / In Line Market Rent ($14.99 psf)

• The Following Tenants are Within 1 Mile of AutoZone: Walmart Supercenter, Tractor Supply, McDonald’s, Zaxby’s, Burger King, Wendy’s, O’Reilly Auto Parts, Dollar Tree, Dollar General, Dairy Queen Grill and Chill, Subway, KFC and More

• Tenant is Responsible For:

  • Property Taxes

  • Property Insurance

  • Utilities, Plumbing, Electric, Water

  • Common Area Maintenance (Landscaping, Trash/Debris Removal)

  • Parking Lot (Patching, repairs and Sealing)

  • HVAC Repairs

• Landlord is Responsible For:

  • Roof

  • Structure

  • Parking Lot Replacement / Resurfacing Only

  • HVAC Replacement Only

Contact Jared McNutt

VP of Investment Sales
TD Commercial Group
734-231-1130
[email protected]