Autozone — Sale in Allentown, PA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Allentown, PA 18102

Photos

Autozone — Sale in Allentown, PA, photo 1 of 1

Investment Figures

Cap rate
6.09%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present this AutoZone in Allentown, Pennsylvania. AutoZone is on a double-net lease that began in 2009 and runs through September 2034 with three five-year options. The roof was refurbished in 2023 and has a 20 year leak free guarantee. This is a high traffic store that ranks top 13 percent in the state and top 15 percent nationwide, per Placer.ai. Investment Highlights: • Double Net Lease Through 9/30/2034 • Early Extension in 2022 and 10.38 Percent Rent Increase at Next Option in 2034 • Significant Roof Refurbishment in 2023 with 20 Year Leak Free Guarantee • Very High Traffic Store: 85th Percentile According to Placer.ai • Corporate Guarantee - Over 7,500 Stores • Over 240,000 Residents within Five Miles with Average Household Income of $89,177

Market Context

This retail in Allentown, PA is listed for sale. It is offered at an approximate 6.1% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Allentown, PA — view the full market.

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