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