4019 E Us Highway 83 U.S Rio Grande City, TX 78582

This is an opportunity to acquire an AutoZone investment property in Rio Grande City, Texas. The property is an absolute NNN leased investment. The tenant, AutoZone, recently signed a new 15-year lease extension with six 5-year options to extend, after approximately 25 years of operation at this site. The lease includes 10% rental increases in January of 2029 and 5% rental increases at the beginning of each option period. The lease is absolute NNN with zero landlord responsibilities. The lease is corporately guaranteed by AutoZone, Inc., a publicly traded corporation with an S&P credit rating of BBB. The property is located on a 1.83-acre parcel. The AutoZone benefits from direct access to U.S. Highway 83, with approximately 35,900 vehicles per day. The property is located across from Starr Plaza, a 177,703-square-foot center anchored by H-E-B and Marshalls. Other nearby tenants include Walmart Supercenter, AMC Theatres, Chick-fil-A, Starbucks, Dollar Tree, Tractor Supply, and Dutch Bros. The 5-mile trade area is supported by a population of over 24,000 and 8,000 employees, with an average household income of $68,926. The building size is 7,189 square feet.