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Investment Details

Price: $1,669,565 Location: Biscoe, NC
Cap Rate: 5.75% Lease Type: NN
NOI: $96,000 Lease Expiration: September 2038
Demographic Information (5-Mile Radius)
2024 Population: 7,109
2029 Population: 7,163
2024 Average Household Income: $70,585
2024 Median Household Income: $49,954
Contact
Keith Sturm, CCIM
keith@upland.com
612.376.4488
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475

AUTOZONE

Biscoe | North Carolina
Highlights
• Corporate AutoZone with 13+ 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 24 where traffic counts average 16,500 vehicles per day.
• Located on an outlot to Walmart with other nearby retailers including McDonald’s, Subway, & more.
• Average household income of $68,659 and population of 6,760 within a 5-mile radius.
• Biscoe’s central location in NC provides close proximity to Charlotte, Greensboro, & Winston-Salem.

AUTOZONE

Biscoe | North Carolina

Highlights
• Corporate AutoZone with 13+ 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 24 where traffic counts average 16,500 vehicles per day.
• Located on an outlot to Walmart with other nearby retailers including McDonald’s, Subway, & more.
• Average household income of $68,659 and population of 6,760 within a 5-mile radius.
• Biscoe’s central location in NC provides close proximity to Charlotte, Greensboro, & Winston-Salem.

Investment Details

Price: $1,669,565
Location: Biscoe, NC
Cap Rate: 5.75%
Lease Type: NN
NOI: $96,000
Lease Expiration: September 2038
Demographic Information (5-Mile Radius)
2024 Population: 7,109
2029 Population: 7,163
2024 Average Household Income: $70,585
2024 Median Household Income: $49,954
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