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Investment Details

Price: $1,687,721 Location: Decatur, TN
Cap Rate: 5.75% Lease Type: NN
NOI: $97,044 Lease Expiration: July 2039
Demographic Information (5-Mile Radius)
2024 Population: 5,302
2029 Population: 5,510
2024 Average Household Income: $72,664
2024 Median Household Income: $55,232
Contact
Keith Sturm, CCIM
keith@upland.com
612.376.4488
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475

AUTOZONE

Decatur | Tennessee
Highlights
• Corporate AutoZone with 14+ years remaining on the lease term & 1.5% annual increases years 21-32.
• AutoZone operates 6,400+ locations in 50 states, with Revenues of $18.5 Billion & S&P Rating of BBB.
• This property is located along Highway 58 where traffic counts average 4,834 vehicles per day.
• Nearby retailers include Dollar Tree, Piggly Wiggly, McDonald’s, Hardee’s, Dollar General, & more.
• Tennessee is a no income tax state.
• Average household income of $72,664 and population of 5,302 within a 5-mile radius.

AUTOZONE

Decatur | Tennessee

Highlights
• Corporate AutoZone with 14+ years remaining on the lease term & 1.5% annual increases years 21-32.
• AutoZone operates 6,400+ locations in 50 states, with Revenues of $18.5 Billion & S&P Rating of BBB.
• This property is located along Highway 58 where traffic counts average 4,834 vehicles per day.
• Nearby retailers include Dollar Tree, Piggly Wiggly, McDonald’s, Hardee’s, Dollar General, & more.
• Tennessee is a no income tax state.
• Average household income of $72,664 and population of 5,302 within a 5-mile radius.

Investment Details

Price: $1,687,721
Location: Decatur, TN
Cap Rate: 5.75%
Lease Type: NN
NOI: $97,044
Lease Expiration: July 2039
Demographic Information (5-Mile Radius)
2024 Population: 5,302
2029 Population: 5,510
2024 Average Household Income: $72,664
2024 Median Household Income: $55,232
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