5313 Jefferson Rd Athens, GA 30607

This exceptional investment opportunity presents a brand-new, 7,381 square foot AutoZone ground lease located at 5313 Jefferson Rd, Athens, GA 30607. The property sits on a 1.03-acre lot and boasts 25 parking spaces. This is a 15-year NNN lease (commencing November 1, 2024, and expiring October 31, 2039) with a corporate guarantee from AutoZone, Inc., a publicly traded company. The lease includes 10% rent bumps in year 11 and four, 5-year renewal options. The property benefits from a prime location at the entrance to a Publix-anchored center and a 296-unit apartment complex, providing excellent visibility and access to a substantial trade area of 121,871 residents with an average household income of $90,840 within a 3-mile radius. The high-traffic location along Jefferson Road (27,000 vehicles per day) offers exceptional accessibility. Its proximity to the University of Georgia (40,607 students, 11,887 employees) and Piedmont Athens Regional Hospital (427 beds, 3,300 employees) further enhances its desirability. The property's current Net Operating Income (NOI) is $75,000, resulting in a 4.50% cap rate. The asking price is $1,667,000. This is a fee-simple ownership opportunity with 100% occupancy starting November 1, 2024. The building was constructed in 2025 and represents the latest AutoZone prototype design.