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;
Commercial Investment Advisors