Recent Lease Extension: AutoZone recently signed a 10-year lease extension, extending the term to March 2037.
Attractive Rent Increase Schedule: The lease extension includes a 5% increase starting on March 1, 2027, followed by 8% increases in March 2032 and during each of the seven 5-year option periods.
Dense Population: Hamden and the greater New Haven, Connecticut market feature strong demographics, including a population of approximately 250,000 within a 5-mile radius.
Excellent Visibility: AutoZone is ideally positioned along Dixwell Avenue (a major thoroughfare) with visibility to over 25,000 vehicles daily.
Automotive Synergy: AutoZone benefits greatly through its AutoZonePro business and commercial accounts, supported by approximately 20 auto service-related businesses (including repair shops, tire centers, and body shops) within a 2-mile radius.
Proximity to Yale University: Located just 1.8 miles from Yale University, a world-renowned Ivy League institution in neighboring New Haven. Yale’s 15,564 students and status as the region’s largest employer drive consistent local traffic and economic activity.