Memphis, TN, 38111, USA
8 days ago
Real Estate Manager
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! Key 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. Responsibilities: + 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. 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 Join AutoZone and be a key player in our growth and success! Apply now to make a significant impact on our real estate development strategy.
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