Property summary
This exceptional investment opportunity presents a single-tenant, corporate net-leased AutoZone property located in Winston-Salem, North Carolina. The 8,000-square-foot building sits on a 0.67-acre lot at 3716 Reynolda Road, offering convenient access to Wake Forest University, a highly-ranked institution with over 8,950 students. The property boasts a strong location within a vibrant community, with over 104,700 residents and an average household income exceeding $115,000 within a five-mile… radius. The current lease, with AutoZone (NYSE: AZO), a publicly traded company with an investment-grade credit rating of "BBB" from S&P and "Baa1" from Moody's, commenced January 23, 1996, and extends until September 30, 2034, providing a remaining term of approximately 9.9 years. The lease includes rent increases every five years. The property's Net Operating Income (NOI) is $40,200, resulting in a 5.00% cap rate. Recent improvements include a new roof installed in 2020 with a 15-year transferable warranty and new HVAC units installed in 2017. The asking price is $804,000, representing a below-market rent of $0.41 per square foot and a below-replacement cost of $100 per square foot, presenting significant upside potential. This AutoZone store is ranked within the top 35% of all 222 stores in the state, demonstrating its strong performance. The property's APN is 6807-99-8550.00. This is a compelling investment opportunity with a long-term lease, strong tenant, and significant upside potential in a desirable location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 7,998 SF
- Lot area
- 0.67 ac
- Year built
- 1960
- Stories
- 1
- APN
- 6807-99-8550.00
- Zoning
- HB
- Assessed value · 2024
- $611,200
- Annual tax · 2024
- $8,847
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The HB District is primarily intended to accommodate retail service, distributive uses, and high-density residential
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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