AutoZone NNN Retail Ground
For Sale
Contact for pricing
9314 Lee Hwy, Ooltewah, TN 37363
AutoZone is offered with a 15-year triple-net ground lease in place, commencing September 1, 2015.
Property Size7,147 SF
Lot Size0.86 Acres
Days on Market130
Property Features for 9314 Lee Hwy
General Information
Standard status
Active
Size
7,147 SF
Lot size
0.86 Acres
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 13
Changed: Aug 15
Last Checked: Aug 14 at 7:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT
Investment Insights
Based on property information with market context.
This offering presents an AutoZone property operating under a 15-year triple-net (NNN) ground lease. The lease commenced on September 1, 2015 and is scheduled to expire on October 31, 2030, with a current rent of $63,000. Rent is structured to increase by 10% every five years starting in year 11 of the lease. The lease also includes five (5) tenant renewal options, each for five (5) years.
The property is located at 9314 Lee Highway in Ooltewah, Tennessee. The parcel totals 0.86 acres and includes approximately 7,147 rentable square feet of building space.
The asset is being marketed as a leased investment with the tenant currently in place under the NNN ground lease structure.
The property is located at 9314 Lee Highway in Ooltewah, Tennessee. The parcel totals 0.86 acres and includes approximately 7,147 rentable square feet of building space.
The asset is being marketed as a leased investment with the tenant currently in place under the NNN ground lease structure.
Key Highlights
- AutoZone at 9314 Lee Highway, Ooltewah, TN, with 7,147 rentable SF on a 0.86‑acre parcel
- 15‑year triple‑net (NNN) ground lease commenced September 1, 2015 and expires October 31, 2030
- Current rent is $63,000
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
702
Businesses Nearby
Explore this area
Business Placement
Demographics for 37363, TN
41,120
Population
16,584
Households
2.5
Avg Household Size
41
Median Age
43%
College-Educated
93%
High-School Grad
60.1 sq mi
ZIP Area
684
Density / Sq Mi
$94,873
Median Household Income
$50,180
Median Earnings
$1,495
Median Rent
$349,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - AutoZone is offered with a 15-year triple-net ground lease in place, commencing September 1, 2015.
Where is this nnn property located?
The property is located at 9314 Lee Hwy Ooltewah, TN.
What are key features of this property?
This property features: AutoZone at 9314 Lee Highway, Ooltewah, TN, with 7,147 rentable SF on a 0.86‑acre parcel; 15‑year triple‑net (NNN) ground lease commenced September 1, 2015 and expires October 31, 2030; Current rent is $63,000
