AutoZone NNN — Parkesburg, PA

$1,738,000 · 4.90% CAP · 14 YRS

AutoZone ground lease commenced 2025 in Chester County's Route 30 corridor, near Walmart- and Home Depot-anchored retail. Fourteen of the fifteen absolute-net years remain, escalating 6% every five years.

Lease Abstract

Price

$1,738,000

Cap rate

4.90% CAP

NOI

$85,200

Term remaining

14 YRS

Lease type

Absolute NNN Ground Lease

Increases

6% every 5 years

Options

Two; 5-Year & One; 4-Year 11-Month

Guarantee

Corporate

Building

7,381 SF

Lot

2.03 AC

Year built

2025

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 2025, 2.03 acres of land. Ground lease priced at $856,158 per acre. Rent increases: 6% every 5 years. Renewal options: Two; 5-Year & One; 4-Year 11-Month. Corporate guarantee. Primary term ends around 2040 (14 yrs left at listing, Jul 2026).

Location

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