Marcus & Millichap Arranges $2.9M Sale Of AutoZone Tenant Retail Property

The 6,030-square-foot retail property located at 18217 Aurora Avenue North in Shoreline, WA, was sold for $2,900,000. The property features a net lease with AutoZone as the tenant, including a recent 10-year extension with scheduled rent increases every five years.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,900,000
• Address: 18217 Aurora Avenue North, Shoreline, WA
• Market: Shoreline, WA
• Square Footage: 6,030

Carson Breshears and Harrison Wolfer from Marcus & Millichap represented the parties involved in the $2.9 million sale of the retail property. The transaction was organized by Marcus & Millichap, showcasing their expertise in the commercial real estate market.