AutoZone NNN Retail Ground
9314 Lee Hwy Ooltewah, TN 37363
9314 Lee Hwy, Ooltewah, TN, 37363
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For Sale
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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 Market102
Property Features for 9314 Lee Hwy
General Information
- Standard status
- Active
- Size
- 7,147 SF
- Lot size
- 0.86 Acres
- Property subtype
- Retail
Listing agency
SURMOUNT
(332) 345-4222
Listed by
Glen Kunofsky · License #NY 49KU1129178
Source
Crexi
Added: Apr 13 Updated: Jul 22 at 10:10PM Checked: Jul 22 at 10:10PM
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
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
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
