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Case Study:

AutoZone

Raleigh, NC

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We outperformed the market for the sale of a single-tenant net-leased AutoZone by nearly 30 basis points.

The Hanley Investment Group Advantage

  • Closed at 100% of the Asking Price
  • Procured 1031 Exchange Buyer Based Out of California
  • Effectively Overcame the Objection of a Short Term Lease by Guiding the Buyer to Understand that the Location was a “Hub Store” – A Larger Format Feeder Store that Supplies Surrounding AutoZone Locations

Sale Specifics

  • Single-Tenant AutoZone 
  • 4 Years Remaining on the Primary Lease Term
  • Absolute NNN Ground Lease