NAI Miami Reps Tenant In $3 Million Lease Deal

Dec 05, 2016 No Comments by

NAI Miami‘s Joseph Gallaher and Jeremy Larkin negotiated a 33,120-square-foot retail lease in Lauderhill Mall, located at 1229 North State Road 7, on behalf of their client, AutoZone Stores, Inc.

The store will be a Mega Hub store, which will not only serve as a 100,000-SKU retail superstore, but also as a distribution center for the South Florida market. It will ensure all standard store SKUs will be constantly replenished and will greatly improve delivery times on specialty parts.  The landlord is Lauderhill Mall Investment, LLC.

The lease is valued at over $3 million.

AutoZone Stores, Inc. is the leading retailer and distributor of automotive replacement parts and accessories in the U.S.  NAI Miami’s Joe Gallaher has been AutoZone’s South Florida real estate representative since 2008 and has closed 22 transactions with 13 more pending closing in the next 12 months.

 

 

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Broward County Retail, Industry News, Retail
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