Commercial property
Listing Agent: David Weinberger (DRE #01349349) · Listing Office: Keller Williams Studio City · Contact: 818-432-1500 · Bought with: Kyi Lee · KORUS Real Estate · MLS #23287533 · Source: CRMLS
3745 Slauson Avenue is occupied by AutoZone, a long-term National Credit Tenant on a Absolute NNN Lease and situated on a hard corner along Slauson Ave. The property benefits from its high-traffic location with visible street signage. Ample parking provides easy access, benefiting the tenants' business. A location score of 90 and a WalkScore of 81 make this a destination location with easy customer access. This is an excellent opportunity for Investors to acquire a property with a nationally known credit tenant with a highly desirable Master Ground Lease. This AutoZone has a long history of commitment to this location and includes a 10% bump in less than 5 years. This 6,815 SF freestanding retail property is leased to AutoZone (NYSE: AZO), the largest automobile retail company in the USA. The subject property was built in 2006 and resides on a 28,098 SF lot with 26 parking spaces for its employees and customers.
Listing description from the September 2023 sale, as reported to CRMLS.