Absolute NNN AutoZone Investment
For Sale
Contact for pricing
4019 E Us Highway 83, Rio Grande City, TX 78582
Fee simple AutoZone absolute NNN leased building with zero landlord responsibilities and 7,189 SF.
Property Size7,189 SF
Days on Market183
Property Features for 4019 E Us Highway 83
General Information
Standard status
Active
Size
7,189 SF
Property subtype
RETAIL
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners | Tampa
(813) 371-0980
Listed By:
Matthew mousavi · License #CA 01732226
(714) 404-8849
Source:
Moodyscre
Added: Mar 16
Changed: Aug 16
Last Checked: Sep 14 at 12:30PM
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 SRS Real Estate Partners | Tampa
Investment Insights
Based on property information with market context.
SRS National Net Lease is pleased to offer the fee simple (land and building) interest in an absolute NNN leased AutoZone investment property. The lease is structured as absolute NNN with zero landlord responsibilities, designed to reduce day-to-day ownership involvement.
The tenant, AutoZone, has operated at this Rio Grande City location for approximately 25 years and recently signed a new 15-year lease extension. The extension includes six (5-year) options to extend, supporting long-term site tenure. Lease rent growth is built in with 10% rental increases in January 2029, followed by 5% rental increases at the beginning of each option period.
The property is offered as a 7,189-square-foot building.
The tenant, AutoZone, has operated at this Rio Grande City location for approximately 25 years and recently signed a new 15-year lease extension. The extension includes six (5-year) options to extend, supporting long-term site tenure. Lease rent growth is built in with 10% rental increases in January 2029, followed by 5% rental increases at the beginning of each option period.
The property is offered as a 7,189-square-foot building.
Key Highlights
- Fee simple interest (land and building) in an absolute NNN leased AutoZone property
- Absolute NNN structure with zero landlord responsibilities
- Tenant AutoZone operated at the site for approximately 25 years before signing the new extension
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Explore this area
Business Placement
Demographics for 78582, TX
43,253
Population
14,743
Households
2.9
Avg Household Size
31
Median Age
13%
College-Educated
61%
High-School Grad
565.3 sq mi
ZIP Area
77
Density / Sq Mi
$41,452
Median Household Income
$23,855
Median Earnings
$738
Median Rent
$102,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
NNN property - Fee simple AutoZone absolute NNN leased building with zero landlord responsibilities and 7,189 SF.
Where is this nnn property located?
The property is located at 4019 E Us Highway 83 Rio Grande City, TX.
What are key features of this property?
This property features: Fee simple interest (land and building) in an absolute NNN leased AutoZone property; Absolute NNN structure with zero landlord responsibilities; Tenant AutoZone operated at the site for approximately 25 years before signing the new extension
