Written by Marshfield, MA-Todd Tremblay and Bob Horvath of Horvath & Tremblay have successfully facilitated the sale of an AutoZone in Marshfield, MA, representing the seller in a transaction valued at $1.275 million.
The AutoZone store, located at 2169 Ocean St., features an 8,000 square-foot building situated on a 1.86-acre lot. Constructed in 2009, AutoZone has recently renewed its lease, underscoring its dedication to this location and the local market. The lease is structured as an Absolute NNN ground lease with eight years remaining, along with three five-year renewal options. Notably, the lease includes a 10% rental increase set for 2029 and at the start of each renewal option period.
AutoZone is part of a three-property development located at the signalized intersection of Ocean St. (MA Rte. 139) and Main St. (MA Rte. 3A), which are vital commercial corridors in the area. The store benefits from significant signage, visibility, and access, and is neighbors with Walgreens and Biviano General Contracting. It is also conveniently positioned near Webster Square, a shopping center anchored by Star Market, and is surrounded by a mix of national and local retailers that contribute to high traffic levels.
Located approximately three miles from both MA Rte. 3 and the East Coast Shoreline, AutoZone is easily accessible from nearby schools, residential neighborhoods, and apartment communities, which provide a steady customer base. Marshfield, a coastal town in Plymouth County, is situated along the South Shore, about 30 miles southeast of Boston.
