AutoZone Hub Store | New 20 Year Lease

Flanagan Investment Real Estate is pleased to offer for sale a single-tenant, AutoZone Hub store in Santa Fe, NM. Santa Fe is the capital of New Mexico and barriers to entry are extremely high within this market. The property is located on Cerrillos Rd which is the main thoroughfare through Santa Fe with traffic counts exceeding 44,700 vehicles per day.

AutoZone recently signed a new 20-year lease demonstrating their commitment to the site. This is a fee simple deal which includes both land and building. The store is approximately +/- 18,010 sq. ft. situated on about +/- 1.79 acres. This is a proven trade area with synergy from neighboring tenants including Walmart, Home Depot, Chick Fil A, and Smith’s among many others.

The lease features limited landlord responsibilities. AutoZone is a strong, credit tenant with a current credit rating of BBB. AutoZone is the largest automotive parts retailer and continues to grow and expand its business.

This investment benefits from the new long-term lease and its exceptional location. The site is located on the main thoroughfare in Santa Fe surrounded by numerous retailers and employers in a very high barriers to entry market. The lease structure and credit tenant combined with the strong real estate fundamentals make this property an opportunity on which an investor can capitalize for the foreseeable future.

AutoZone Hub Store 

2710 Cerrillos Rd, Santa Fe, NM 87507
Single-Tenant AutoZone Hub Store
Fee Simple (Land + Building)
New 20-year lease
Limited landlord responsibilities
Building Size: +/-18,010 Sq. Ft.
Land Size: +/- 1.79 Acres
Santa Fe market has very high barriers to entry
Excellent real estate fundamentals
• Fronts on Cerrillos Rd with over 44,700 VPD
• Hard corner, signalized intersection (53,406 VPD)
• Nearby retailers include Smith’s, Chick Fil A, Walmart, and Home Depot among many others
High visibility location with large pylon sign
Strong, credit tenant
• BBB credit rating
• Largest automotive parts retailer
• AutoZone continues to grow and reinvest into its business