Real Estate Manager

AutoZone • Memphis, TN

259d

About The Position

Are you ready to drive the future of AutoZone's real estate strategy? Join us as a Real Estate Development Manager and be at the forefront of our expansion efforts!

Requirements

• Minimum 5 years of real estate experience
• Strong negotiation skills
• Ability to travel up to 7%
• Experience in commercial real estate is a plus

Responsibilities

• Strategic Site Negotiation: Consistently negotiate and deliver sites to the Approval Committee, ensuring they meet the required quantity and quality standards.
• Site Discovery: Identify and evaluate new sites within assigned trade areas to support research efforts and maintain new store opening schedules.
• Approval-to-Contract Conversion: Achieve the planned ratio of approval-to-contract conversion rate.
• Risk Management: Order due diligence and communicate risks to the Real Estate Development Zone Manager.
• Cross-Functional Collaboration: Partner with Operations, Legal, Validation, and Construction teams for optimum effectiveness in deal development.
• Professional Representation: Perform all functions with integrity and professionalism whenever representing AutoZone.
• Site Identification: Identify building sites, review due diligence reports, and determine the suitability and viability of specific locations.
• Financial Maximization: Seek to maximize financial returns on AutoZone's real estate assets.
• Data-Driven Decisions: Analyze individual property's income and expenses to make informed decisions related to leasing, purchasing, financing, and capital improvements.
• Due Diligence: Perform thorough due diligence in advance of property acquisition.
• Property Management: Visit properties, meet with tenants, and oversee the work of property managers or maintenance staff.

What This Job Offers

• Industry: Motor Vehicle and Parts Dealers