AutoZone — Sale in Woodbridge, VA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Woodbridge, VA 22193
Photos
Investment Figures
- Cap rate
- 4.85%
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
Long Term Corporate Lease – This AutoZone is subject to a new 15-year lease that will commence in Summer 2026. The corporate lease features 8% rental increases every five years providing a hedge against inflation. AutoZone will operate in a 6,816 square foot building situated upon 0.93-acres. This is a fee-simple ownership position making it available for depreciation. As a longtime leader and innovator in the auto parts industry, AutoZone is publicly traded on the New York Stock Exchange (NYSE: AZO) and the company has a “BBB” rating by S&P. Newly Constructed Buildings in Developing Retail Node–AutoZone becomes the latest addition to the Ridgefield Village development at the intersection of Hoadly Road (24,000 VPD) and Ridgefield Village Drive (2,000 VPD). The subject property is adjacent to a newer 3-tenant strip anchored by a Starbucks that averages 200.7K annual visitors, along with Crimson Coward Chicken and a local dental office. Starbucks relocated from its previous location across the street in the Harris Teeter-anchored shopping center in 2022 in order to add a drive-thru and improve its overall positioning. Prior to the strip center’s opening, a national daycare operator, Everbrook Academy, opened in 2021 to the rear of the subject parcel. AutoZone will operate next to a newly constructed Chipotle, which is also available for sale. This collection of uses at Ridgefield Village is high synergistic to drawing an assortment of customers at various times of the day, with various needs. Growing Retail Node Serving County Center – The property is prominently positioned with access from both Ridgefield Village Drive and Hoadly Road. Directly across Hoadly Road is the 105,511 square-foot Harris Teeter-anchored Shops at County Center. Other notable tenants in the center include Chase Bank, Planet Fitness, Cold Stone Creamery, and IHOP. In addition to neighboring retail synergies, AutoZone also benefits from a lack of immediate competition. There are no other AutoZo
Market Context
This retail in Woodbridge, VA is listed for sale. It is offered at an approximate 4.8% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Woodbridge, VA — view the full market.
Contact
- Dean Zang · (202) 536-3754 · dean.zang@marcusmillichap.com
- David Crotts · (202) 536-3757 · david.crotts@marcusmillichap.com
- Brian Hosey · (202) 536-3700
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