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AutoZone Investment Property For Sale
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4019 E U.S Highway 83, Rio Grande City, TX 78582

NNN leased AutoZone in Rio Grande City, Texas.

Property Size7,189 SF
Lot Size1.83 Acres
Price / SF$413.83
Days on Market191

Property Features for 4019 E U.S Highway 83

General Information

Standard status Active
Size 7,189 SF
Lot size 1.83 Acres
Property subtype Retail

Building Details

Year Built 2001
Listing Agency: SRS Real Estate Partners Corporate Headquarters
Listed By: Hayley Mustin · License #741912
Source: Crexi
Added: Feb 2 Changed: Aug 8 Last Checked: Jul 22 at 5:24PM

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 Corporate Headquarters

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Absolute NNN lease offers a management‑free investment.
  • New 15‑year lease extension shows long‑term commitment.
  • Corporately guaranteed by AutoZone, Inc. (NYSE: AZO), investment‑grade S&P credit rating of BBB.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Pharmacy Grocery & Convenience Store Florist Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

45
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Morins Auto Accesorios 4024 US-83, Rio Grande City, TX 78582

Frequently Asked Questions

What type of property is this?
Auto shop - NNN leased AutoZone in Rio Grande City, Texas.
Where is this auto shop located?
The property is located at 4019 E U.S Highway 83 Rio Grande City, TX.
What is the asking price?
The asking price for this property is $2,975,000.
What are key features of this property?
This property features: Absolute NNN lease offers a management‑free investment.; New 15‑year lease extension shows long‑term commitment.; Corporately guaranteed by AutoZone, Inc. (NYSE: AZO), investment‑grade S&P credit rating of BBB.
(480) 221-4221 Call to check price and availability
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