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AutoZone

4551 Hunter Lane, Byrnes Mill, MO, USA
$1,050,000 4.65% Cap 6,116 sq ft Actual Site Photo Print This Page

Location

4551 Hunter Lane, Byrnes Mill, MO, USA

Price: $1,050,000
Cap Rate: 4.65%
Net Operating Income: $48,840
Square Footage: 6,116
Lot Size: 0.93 AC
Lease Term: 5 Years

100% Fee Simple InterestAbsolute NNN LeaseCorporate GuaranteeFee Simple Ground LeaseInvestment Grade CreditLocated on a Major Commercial ThoroughfareS&P Rated BBBScheduled IncreasesZero Landlord Obligations

The subject property is a rare 6,116 square foot, single-tenant AutoZone located in Byrnes Mill, MO. AutoZone is subject to an absolute NNN ground lease with 5 years remaining on the initial term. The lease calls for zero landlord obligations and four, 5-year options to renew with 10% increases at options.

The site is ideally located in a major retail trade area and neighboring retailers include Walgreens, McDonald’s, Taco Bell, Hardee’s and many others.

Byrnes Mill is a city in Jefferson County, Missouri, United States. The population was 2,781 at the 2010 census. Jefferson County is located in the eastern portion of the state of Missouri. It is a part of the St. Louis Metropolitan Area. As of the 2010 census, the population was 218,733, making it the sixth-most populous county in Missouri. Its county seat is Hillsboro. The county was organized in 1818 and named in honor of former president Thomas Jefferson.

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