AutoZone NNN — Orlando, FL

$1,513,000 · 4.00% CAP · 15 YRS

Corporate AutoZone ground lease in Orlando running 15 years absolute net, with a 10% rent increase set for 2029 and more behind it. You own the land; the tenant owns and maintains everything on it.

Lease Abstract

Price

$1,513,000

Cap rate

4.00% CAP

NOI

$60,500

Term remaining

15 YRS

Lease type

Absolute NNN Ground Lease

Increases

10% in 2029, further increases in options

Options

6 (5-Year) Options To Extend

Guarantee

Corporate

Building

7,008 SF

Lot

1.02 AC

Year built

2009

Renovated

2012

Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.

Property Details

7,008 SF building, built 2009, renovated 2012, 1.02 acres of land. Ground lease priced at $1,483,333 per acre. Rent increases: 10% in 2029, further increases in options. Renewal options: 6 (5-Year) Options To Extend. Corporate guarantee. Primary term ends around 2041 (15 yrs left at listing, Jul 2026).

Location

Orlando, Florida. Full address and offering memorandum released on request — see our AutoZone tenant guide and the Florida market page for the underwriting context.