AutoZone NNN Property For Sale — Coralville, IA
State Highway 965, Coralville, IA 52241
This AutoZone property presents an excellent investment opportunity with a long-term, corporately guaranteed ground lease. Built in 2021, the 7,381 square foot building benefits from direct access to a primary thoroughfare and is ideally positioned as an outparcel to a major grocer. The surrounding area boasts strong demographics and ongoing residential development, ensuring continued growth and customer traffic.
- Address: State Highway 965, Coralville, IA 52241
- Asking price $987,500
- 4.00% cap rate
- NOI $39,500
- 14.6 years remaining
- NNN lease
- Year built: 2021
- Building size: 7,381 SF
- Lot size: 1.03 acres
- Lease expiration: Mar 31, 2041
- Rent increases: 7% every 5 years, starting in year 11
- Guarantor: Corporate
Location
This AutoZone property is at State Highway 965 in Coralville, Iowa.
Asset type: Retail