Autozone — Sale in Frederick, MD

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Frederick, MD 21703

Investment Figures

Cap rate
4.75%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

The location has been operating since 2014 and the tenant recently executed a 15-year lease extension with six (5-year) options to renew, underscoring their long-term commitment to this site. The lease features a 6% rental increase in 2029 and 8% bumps at the commencement of each option period, delivering steadily growing NOI and a built-in inflation hedge. The lease structure is absolute NNN with zero landlord responsibilities, making this an ideal, management-free investment for passive capital. The AutoZone is positioned at the signalized, hard-corner intersection of W Patrick Street and Hillcrest Drive, with direct frontage on US Highway 15 averaging over 103,500 vehicles per day. W Patrick Street serves as one of Frederick's primary retail thoroughfares. The property sits within walking distance of Hillcrest Center Shopping Center (90,000+ SF), anchored by Aldi, Dollar Tree, and Planet Fitness, and directly across from Westridge Square Shopping Center (200,000+ SF), home to Burlington, H Mart, and multiple national retailers. The surrounding corridor includes Home Depot, Harbor Freight, Petco, Starbucks, McDonald's, 7-Eleven, and Dunkin', generating exceptional consumer traffic and strong crossover store exposure. The 5-mile trade area is supported by a population exceeding 134,200 residents and an average household income of $131,155. Investment Highlights: • Absolute NNN Ground Lease with 15 Years of Term • Zero Landlord Responsibilities • Affluent Demographics within 5 miles: 134,200 Population $131,155 Average Household Income • Investment-Grade Corporate Guaranty

Market Context

This retail in Frederick, MD is listed for sale. It is offered at an approximate 4.8% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Frederick, MD — view the full market.

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