AutoZone Market Report
Cap rates and listings for 35 AutoZone net lease sales, December 2022 to October 2026, and 8 stores for sale.
Across 43 tracked comps, closed AutoZone sales traded at a median cap rate of 4.60% (35 sales), against a median asking cap of 5.13% on 8 current listings.
- 43Comps tracked
- 4.60%Median sold cap35 records
- 5.13%Median ask cap8 records
- $1.40MMedian sale price35 records
- Edition
- November 2026 editionPublished November 13, 2026
- Observation period
- Sales closed December 2022 to October 2026Data to November 13, 2026
- What is covered
- AutoZone sale and listing comps in the report set (43 comps)AZ, CO, DE, FL, GA, IA, IN, KS, KY, MS, NC, NM, OH, PA, TN, TX
- Sample
- 35 closed sales with a reported cap rateClosed sales8 active listings with an asking cap rateActive listings
- Author
- Jonathan Aceves
- Reviewed by
- Stephen Long
Key findings
- Closed sales traded at a median cap rate of 4.60% (35 sales).
- Current listings are asking a median cap rate of 5.13% (8 listings).
- The median sale price was $1.40M (35 sales).
Sold cap rate by sale date
Logarithmic trend, n = 35, R² 0.02. One dot per comp.
Sold cap rate by sale date
Cap rate by region
Sold cap rates by the state of the property. Southeast is GA, FL, AL, TN, NC, SC. Fewer than 5 sales is directional.
| Region | Sales | Median cap | Average cap | Range |
|---|---|---|---|---|
| Southeast | 16 | 4.56% | 4.85% | 4.12% – 7.80% |
| Mountain | 7 | 4.36% | 5.03% | 4.15% – 7.35% |
| Texas | 5 | 4.55% | 4.72% | 4.50% – 5.26% |
| Midwest | 4 (directional) | 5.13% | 5.66% | 4.65% – 7.72% |
| Northeast | 1 (directional) | 4.77% | 4.77% | 4.77% – 4.77% |
| Other | 2 (directional) | 5.00% | 5.00% | 5.00% – 5.00% |
| Source: Finem Group comp set | ||||
Latest comps
Most recent sold comps with a reported cap. City and state only.
| Location | Sold | Price | Cap | Term | Guarantee |
|---|---|---|---|---|---|
| Peoria, AZ | 2026-10-09 | $1,240,000 | 4.15% | — | — |
| Murfreesboro, TN | 2026-07-22 | $1,705,263 | 4.75% | — | — |
| Bradenton, FL | 2026-07-01 | $1,535,800 | 4.20% | — | — |
| Mansfield, OH | 2026-06-25 | $876,000 | 5.11% | 21 yrs | — |
| Parrish, FL | 2026-05-06 | $1,850,000 | 4.38% | 15 yrs | — |
| Rio Grande City, TX | 2026-05-01 | $2,975,000 | 4.75% | 33 yrs | — |
| Palmetto, FL | 2026-04-23 | $1,800,000 | 4.33% | 15 yrs | — |
| Honesdale, PA | 2026-03-13 | $1,257,500 | 4.77% | 15 yrs | — |
| Waukee, IA | 2026-03-04 | $1,162,000 | 4.65% | 9 yrs | — |
| Gulf Breeze, FL | 2025-12-11 | $970,000 | 4.12% | 20 yrs | — |
| Source: Finem Group comp set | |||||
Methods
- Figures use the 43 comps the analyst marked as included; excluded comps are not counted.
- Cap rates and prices are medians of the comps that report them, so one outlier does not move the figure. Groups of fewer than three sales are labelled directional.
- Each trend line is a least-squares fit; the number printed beside it (R squared) says how much of the variation it explains, and a low value means the trend is weak.
Sources
- Finem Group comp database — Sale and listing comps entered by Finem brokers and analysts
- Brand facts — Public web sources cited in the at-a-glance blurbs
Limitations
- Lease terms and asking caps are as stated by listing brokers and are not independently verified.
- Sold cap rate by sale date: the fitted trend explains little of the variation (R squared 0.02), so treat it as a direction, not a forecast.
- Regions with fewer than three sales are shown as directional.
For the current figures, see the AutoZone net lease cap rates and market report summary: the latest sales, listings and lease terms.