Contacts
SRS Real Estate Partners
SRS Real Estate Partners
SRS Real Estate Partners
Property Details
- Property Type Retail
- Property Size 8,972 SF
- Lot Size 1.15 Acre
- Cap Rate % 4.75
- Date Updated Jun 11, 2025
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (ground lease) in an absolute NNN leased, AutoZone investment property located in Frederick, Maryland. The location opened in 2014 and the tenant recently signed a 15-year extension with 6 (5-year) options to extend, demonstrating their commitment to the site. The lease features a 6% rental increase in 2029 and 8% increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.
The AutoZone is located near the signalized, hard-corner intersection of W Patrick St and Hillcrest Dr. The property is located right off of US Highway 15, which averages over 103,500 vehicles passing by daily.
Frederick Freeway/State Highway 103,500 VPD
Pylon sign
Reach out to the broker for more info on lease terms and amenities
Getting around
-
75/100
Walk Score ®
-
29/100
Transit Score ®
-
33/100
Bike Score ®
Location
- City Frederick, MD
- Zip Code 21703
- Market Baltimore
Points of Interest
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Monocacy
3.72 miles
-
Shell
0.17 miles
-
Wawa
0.46 miles
-
Exxon
0.60 miles
-
Sheetz
1.08 miles
-
Exxon - Jefferson Street Exxon
1.19 miles
-
Citgo
1.20 miles
-
A-1 Choice
1.29 miles
-
Jefferson Street SERVICE CENTER
1.33 miles
-
ChargePoint
1.67 miles
-
GetGo
1.70 miles
-
13
0.28 miles
-
10
0.28 miles
-
6
0.31 miles
-
4
0.31 miles
-
Whitaker parking lot
1.44 miles
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West Patrick Street Garage
1.81 miles
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Court Street Garage
1.90 miles
-
Church Street Garage
2.00 miles
-
Black Hog Grill Parking Lot
2.00 miles
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Carroll Creek Parking Deck
2.04 miles
-
Taco Bell
0.10 miles
-
Sabor Casero Bakery
0.15 miles
-
Outback Steakhouse
0.15 miles
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McDonald's
0.15 miles
-
Subway
0.16 miles
-
Domino's
0.17 miles
-
Il Forno Pizzeria
0.17 miles
-
El Eden - J&V Mexican Restaurant
0.18 miles
-
Wendy's
0.23 miles
-
KFC
0.24 miles
-
Giant Eagle
0.15 miles
-
Burlington
0.21 miles
-
ALDI
0.23 miles
-
Big Lots
0.52 miles
-
District 40
0.58 miles
-
Boscov's
0.66 miles
-
Weis
1.17 miles
-
Food Lion
1.75 miles
-
Ross
2.19 miles
-
Kohl's
2.26 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
