AutoZone – Howell, NJ

AutoZone
4545 U.S. 9, Howell Township, NJ 07731, USA

Sands Investment Group is proud to exclusively offer the 7,000 SF AutoZone Absolute NNN Ground Lease at 4545 US-9 in Howell Township, NJ. This high-demand retail asset is fully backed by AutoZone’s corporate guarantee and features 7.5 years of firm lease term remaining. This property has excellent real estate fundamentals and well below market rent, making this a secure investment for years to come. Can be sold  individually or part of a portfolio. Contact brokers for more details

  • This property may be purchased individually or as part of a five-property portfolio. See the following page or contact the broker for additional details.
  • Long-Term Corporate-Backed Lease Structure: 7.5 years of term remaining backed by AutoZone’s corporate guarantee, the lease has a 5% increase in 2028 and 3 five-year renewal options starting in 2033 with 10% bumps at each option.
  • Excellent Real Estate Fundamentals: Rare opportunity to acquire a 1.9-acre parcel with frontage on Route 9 at or below land value.
  • Below Market Rent: AutoZone is paying $79,800 annually on an Absolute Triple Net (NNN) Ground Lease, which is equivalent to only $11.40/SF.
  • Exceptional Visibility on Route 9: High-visibility from Route 9 with over 34,000 VPD.
  • Strong Demographics: Over 61,182 population within 3 miles, with average household incomes of $137,073 and average home values exceeding $550,325.
  • Surrounded by National Retailers: Near Wawa, Home Depot, Walmart, Lidl, Lowe’s, and numerous other desirable tenants.

In Cooperation With Sands Investment Group New Jersey, LLC – Lic. #2187470 BoR: Tom Gorman – Lic. NJ #2187471

AutoZone
4545 U.S. 9, Howell Township, NJ 07731, USA

Autozone

AutoZone is the leading retailer and distributor of automotive replacement parts and accessories in the Americas. Each store carries an extensive product line for cars, sport utility vehicles, vans and light duty trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. The majority of stores have a commercial sales program that provides prompt delivery of parts and other products and commercial credit to local, regional and national repair garages, dealers, service stations, fleet owners and other accounts. AutoZone also sells automotive hard parts, maintenance items, accessories and non-automotive products through www.autozone.com, and their commercial customers can make purchases through www.autozonepro.com. Additionally, we sell the ALLDATA brand of automotive diagnostic, repair, collision and shop management software through www.alldata.com. As of August 30, 2025, the Company had 6,627 stores in the U.S., 883 in Mexico and 147 in Brazil for a total store count of 7,657.

Price

$1,520,000

Cap Rate

5.25%

PREMISES

7,000 SF

RENEWAL OPTIONS

3 x 5 Year Extensions

Lease Expiration

05/31/2033

Lease Type

Absolute NNN Ground Lease

RENTAL INCREASES

5% Increase in Year 10 (2028), and 10% Increases Every 5y Thereafter Including Options

BROKERS

Luke Wakefield
Atlanta
Griffin Reath
Philadelphia

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