AutoZone NNN for Sale in Rio Grande City, TX — $2,975,000 | 4.75% Cap
This AutoZone triple net lease property in Rio Grande City, TX offers passive income investors investment-grade credit, 14.9-year lease through 2040, and $141,300 annual NOI at 4.75% cap rate with absolute NNN structure.
Retail | 4.75% CAP | 7,189 SqFt
Marketing description
The fee simple interest (land & building ownership) in an absolute NNN leased AutoZone investment property located in Rio Grande City, Texas. The tenant, AutoZone, after approximately 25 years of operation at this site, recent
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Investment Highlights
- ✅ investment-grade Investment-Grade Credit — AutoZone maintains strong credit providing institutional quality and 70-75% LTV financing.
- ✅ 14.9-Year Lease Security — Lease through 2040 provides long-term cash flow with minimal landlord duties.
- ✅ $141,300 Annual NOI (4.75% Cap) — Property delivers $11,775 monthly mailbox money creating truly passive income.
- ✅ Rio Grande City, TX Market — Texas zero income tax eliminates state tax drag.
- ✅ AutoZone Brand Strength — Proven recession-resistant business model with long-term real estate commitment.
Property Details
| Metric |
Value |
| Price |
$2,975,000 |
| Cap Rate |
4.75% |
| Annual NOI |
$141,300 |
| Monthly Income |
$11,775 |
| Lease Remaining |
14.9 years |
| Tenant |
AutoZone (investment-grade) |
| Lease Type |
Absolute NNN |
| Location |
Rio Grande City, TX |
Why AutoZone NNN Properties?
AutoZone triple net properties offer institutional-quality real estate with proven fundamentals including strong investment-grade credit rating providing major lender support at 70-75% LTV, absolute NNN lease structure creating true passive mailbox money, recession-resistant business model proven through economic cycles, and purpose-built locations with long-term value retention.
Rio Grande City, TX Market Analysis
Texas zero income tax eliminates state tax drag. The Rio Grande City market provides strong demographics, accessible retail corridors, and consumer demand supporting long-term AutoZone performance and NNN lease stability.
Absolute NNN Lease Structure
This property features absolute triple net lease where tenant pays all property taxes, insurance, maintenance, repairs, and utilities. Investor responsibility limited to mortgage payment (if financed) and collecting rent checks — truly passive income.
1031 Exchange Benefits
This AutoZone NNN property qualifies as like-kind replacement for 1031 exchange investors seeking to defer capital gains tax, simplify from active to passive real estate, eliminate landlord responsibilities, preserve wealth through institutional quality, and generate predictable income through 14.9-year lease term.
Financing Available
AutoZone’s investment-grade credit provides excellent financing options including 70-75% LTV from major banks, competitive interest rates, 25-30 year amortization, and non-recourse options for qualified borrowers.
Contact American Net Lease
We represent buyers only — your interests come first. Specializing in AutoZone NNN acquisitions nationwide.
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