2610 E Lake St Minneapolis, MN 55406

This single-story, 10,886 square foot AutoZone facility, constructed in 2021, is located on a 0.75-acre urban infill site in Minneapolis, MN. The property has been occupied by AutoZone since 2011 and was rebuilt in 2021, with the tenant committing to a 15-year lease. The location is a signalized corner. AutoZone is a retailer and distributor of automotive replacement parts and accessories with over 7,000 stores across the U.S., Mexico, Puerto Rico, Brazil, and other international markets. The company serves DIY customers, commercial businesses, and professional installers. In 2024, AutoZone reported revenues of $18.49 Billion, a 5.92% increase compared to 2023. The company is publicly traded (AZO) with an investment grade credit rating of BBB (S&P). The Minneapolis-St. Paul area is the nation’s 16th largest MSA with approximately 3.6 million residents. Over 500,000 people live within a 5-mile radius of the AutoZone site. The location is shadow anchored by major retail traffic drivers like Target, Cub Foods and Aldi. The property has 11 years of lease term remaining, with 10% rent increases every five years. AutoZone has demonstrated their commitment to this location by rebuilding the facility in 2021 and executing a long term 15-year lease. This site is strategically positioned to meet the increasing demand for Auto Parts in a densely populated trade area.