Investment Highlights
- Building Underwent Total Renovation by Tenant in 2009
- Located at Signalized Intersection
- Directly off Interstate 65, Which has a Daily Traffic Count of More Than 65,000 VPD
- Surrounding National Brands Include Comfort Suites, Quality Inn, Walmart Supercenter, Home Depot, Best Buy, Lowe’s, Sam’s Club, Target, Kohl’s, Michael’s, Old Navy, Olive Garden, Outback Steakhouse, Red Lobster and Many More
- Part of the Chicago Metro Area, Which has a Total Population of 9.5 Million
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire AutoZone located in Merrillville, Indiana, part of the Chicago MSA. AutoZones 20-year, double net lease features four, five-year renewal options with rental increases every five years throughout the option periods. The lease is corporately guaranteed by AutoZone, Inc.
This 8,015-square-foot AutoZone property sits on a 1.86-acre parcel. This location is at a signalized intersection and is directly off Interstate 65, which has a daily traffic count of more than 65,000 vehicles. The surrounding area is known because it harbors a large concentration of big-box retailers, hotels, restaurants and automobile dealerships. Surrounding national brands include Quality Inn, Comfort Suites, Walmart Supercenter, Home Depot, Best Buy, Lowes, Sams Club, Target, Kohls, Michaels, Old Navy, Olive Garden, Outback Steakhouse, Red Lobster and many more.
Broker of Record
| Josh Caruana |
| License: RB14034355 |
