AutoZone – 1203 South Main Street

AutoZone at 1203 South Main Street in Laurinburg, North Carolina is offered for sale at $1,560,000. The ground-lease offering reports approximately 10,227 square feet on 1.05 acres. Year built is not supplied.

The source describes an absolute net corporate ground lease with more than 14 years remaining following an extension, 8% rental increases every five years and an AutoZone corporate guaranty. The property is along South Main Street with access to US Highway 74. Buyers should verify ground-lease scope, remaining term, guaranty, building age and financial information.

Listed by John Andreini of CP Partners.