AutoZone NNN Property For Sale — Honesdale, PA
186 Grandview Ave, Honesdale, PA 18431
This brand-new development features an AutoZone with a 15-year absolute NNN ground lease, offering a passive investment with zero landlord responsibilities. The property benefits from its prime location on a one-acre parcel with excellent visibility and high traffic counts on Grandview Avenue. Situated within a robust retail corridor, the site is surrounded by major national tenants and draws from a strong local consumer base. The property also benefits from its proximity to local schools, ensuring consistent activity in the area. This offering presents a long-term investment opportunity with strong real estate fundamentals and a corporate guaranty from a leading automotive retailer.
- Address: 186 Grandview Ave, Honesdale, PA 18431
- Asking price $1.26M
- 4.75% cap rate
- NOI $60,088
- 13.7 years remaining
- NNN lease
- Year built: 2025
- Building size: 7,000 SF
- Lot size: 1.00 acres
- Guarantor: Corporate
Location
This AutoZone property is at 186 Grandview Ave in Honesdale, Pennsylvania.
Asset type: Retail