Prime Absolute NNN Ground Lease investment in the heart of Orlando, featuring a long-term corporate AutoZone tenant with zero landlord responsibilities. This rare opportunity offers stable, predictable income backed by AutoZone, Inc. (NYSE: AZO)â€one of the nations largest and most recession-resilient automotive parts retailers, operating more than 7,600 stores across the U.S., Mexico, and Brazil.Located at 801 S Goldenrod Rd, Orlando, FL 32822, the property sits on 1.02 acres with excellent visibility and 208 feet of frontage along a high-traffic commercial corridor. AutoZone has occupied this site for 17 years, demonstrating strong location commitment and operational success.The 7,008 SF building was constructed in 2009 and is governed by a true Absolute NNN Ground Lease, with the tenant responsible for all expenses, including taxes, insurance, CAM, roof, and structure. Investors benefit from a hands-off, bond-like income stream with no maintenance obligations.Current annual rent is $60,500.04, increasing every five years by 10%, with future escalations reaching up to $88,578 in the final option period. The lease includes 4 five-year renewal options, extending potential tenancy through 2044, providing long-term income stability and attractive rent growth.Orlando remains one of the fastest-growing metros in the U.S., supported by strong population growth, infrastructure expansion, and a robust automotive service sector. The property is just 8.7 miles from Orlando International Airport, surrounded by dense residential neighborhoods, major retail, and high-demand commercial corridors. Orlandos commercial land values continue to outperform peer markets, making this site a compelling long-term hold.Investment Highlights:¢ Absolute NNN Ground Lease †zero landlord responsibilities¢ Corporate-guaranteed lease with AutoZone, Inc.¢ Long-term occupancy †17 years at this location¢ 20-year initial term + 4 (5-year) options¢ Scheduled 10% rent increases every 5 years¢ Strong traffic exposure with 208 frontage on Goldenrod Rd¢ 1.02-acre parcel in a high-growth Orlando corridor¢ Near major demand drivers including Orlando International Airport¢ AutoZone reported $18.9B revenue and $2.5B net income in FY 2025¢ Ideal for passive investors seeking stable, predictable income and long-term land appreciationThis offering combines a nationally recognized tenant, a true passive-income lease structure, and exceptional Orlando land fundamentalsâ€making it a standout addition to any net-lease or long-term investment portfolio.
Located at 801 S GOLDENROD ROAD, Orlando, Florida 32822, this Commercial is for Sale with a price of $1,500,000. The property was built in 2009,. This listing has 7,008 Sq.Ft. of interior space on a lot of 1.02 Acres. See all Homes for Sale in Orlando.
Listed by : Ryan Solberg, MAXLIFE REALTY LLC
Source: STELLAR MLS