AutoZone NNN — Mesquite, TX

$1,720,000 · 4.65% CAP · 15 YRS

Brand-new 2026 AutoZone on a 15-year absolute-net corporate ground lease in Mesquite, east of Dallas. Rent steps 10% every five years through the base term and four 5-year options.

Lease Abstract

Price

$1,720,000

Cap rate

4.65% CAP

NOI

$80,000

Term remaining

15 YRS

Lease type

Absolute NNN Ground Lease

Increases

10% every 5 years

Options

Four 5-Year @ 10% Increases

Guarantee

Corporate

Building

7,381 SF

Lot

1 AC

Year built

2026

Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.

Property Details

7,381 SF building, built 2026, 1 acre of land. Ground lease priced at $1,720,000 per acre. Rent increases: 10% every 5 years. Renewal options: Four 5-Year @ 10% Increases. Corporate guarantee. Primary term ends around 2041 (15 yrs left at listing, Jul 2026).

Location

Mesquite, Texas. Full address and offering memorandum released on request — see our AutoZone tenant guide and the Texas market page for the underwriting context.