JUST CLOSED – AutoZone (Ground Lease), Lincoln, NE

unnamedAUTOZONE (Ground Lease)
Lincoln, NE

Purchase Price: $1,500,000
Price per Sq.Ft. (Land): $27.28
Close of Escrow: July 2014
CAP Rate: 4.94%

AutoZone Development Corp. – 12 years remaining on initial 20-year Absolute NNN Ground lease with one – 10% rental escalation in the 11th year.

If you are considering selling your property and/or have questions about current market values, please contact;

Justin Zahn
Commercial Investment Advisors
(402) 730-6021