QuickChek Carlstadt
720 Washington Street, Carlstadt, NJ, 07072, US
€8,404,000 | 511 m²
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in the AutoZone located at 981 Medford Center in Medford, Oregon (“Property” or “Asset”). AutoZone will operate on an NN lease with 15.0 years of primary lease term, 7.0% rent escalations every 5-years and throughout the four, five-year renewal options and minimal landlord responsibilities.
This unique opportunity allows investors the ability to acquire investment grade credit with high value intrinsic real estate within one of Oregon’s fastest growing cities.
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Attributes
Asking price
€5,997,000
Cap rate
5.5%
NOI
€330,000
WAULT
15 years
Building area net
3,274 m²
Land area gross
1.24 ha
Year renovated
2025
Media
Investment Highlights
- Brand new 15.0-year net lease with 7% bumps every 5 years
- AutoZone is a leading automotive retailer with an investment grade, 'BBB' rating
- Set to anchor the Village at Medford shopping center with 4.6 million annual visits
- Growing AutoZone Mega Hub prototype and one of only ~50 locations
- Below market rents of $11 PSF
- Medford is identified as one of the fastest growing cities in the U.S.
Contact brokers
AutoZone Mega Hub - Medford, OR (0 Properties)
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Last updated
7 Jul 2025
