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Investment Details

Price: $1,236,436 Location: Hernando, MS
Cap Rate: 5.50% Lease Type: NN
NOI: $68,004 Lease Expiration: June 2040
Demographic Information (5-Mile Radius)
2024 Population: 26,108
2029 Population: 27,592
2024 Average Household Income: $128,966
2024 Median Household Income: $91,637
Contact
Keith Sturm, CCIM
keith@upland.com
612.376.4488
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475

AUTOZONE

Hernando | Mississippi
Highlights
• Corporate AutoZone with 16+ years remaining on the lease term & 1.5% annual increases years 26-37.
• AutoZone operates 6,400+ locations in 50 states, with Revenues of $17.5 Billion & S&P of BBB.
• This property is located near I-55 where traffic counts average 50,000 vehicles per day.
• Nearby retailers include Kroger, Starbucks, McDonald’s, Wendy’s, Sherwin Williams, Walmart, & more.
• Average household income of $128,966 and population of 26,108 within a 5-mile radius.
• This property is located in Hernando, Mississippi, the county seat of DeSoto County.

AUTOZONE

Hernando | Mississippi

Highlights
• Corporate AutoZone with 16+ years remaining on the lease term & 1.5% annual increases years 26-37.
• AutoZone operates 6,400+ locations in 50 states, with Revenues of $17.5 Billion & S&P of BBB.
• This property is located near I-55 where traffic counts average 50,000 vehicles per day.
• Nearby retailers include Kroger, Starbucks, McDonald’s, Wendy’s, Sherwin Williams, Walmart, & more.
• Average household income of $128,966 and population of 26,108 within a 5-mile radius.
• This property is located in Hernando, Mississippi, the county seat of DeSoto County.

Investment Details

Price: $1,236,436
Location: Hernando, MS
Cap Rate: 5.50%
Lease Type: NN
NOI: $68,004
Lease Expiration: June 2040
Demographic Information (5-Mile Radius)
2024 Population: 26,108
2029 Population: 27,592
2024 Average Household Income: $128,966
2024 Median Household Income: $91,637
Contact
Keith Sturm, CCIM
keith@upland.com
612.376.4488
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475

©2015 Upland Real Estate Group, Inc. All rights reserved. Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489
©2015 Upland Real Estate Group, Inc. All rights reserved.
Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489