Autozone – Apopka, Fl

Highlights:

• LONG-TERM LEASE ABSOLUTE NNN GROUND LEASE: 9 years remaining on initial 15-year Absolute NNN Ground lease (conveying ownership - underlying ground only), featuring attractive 10% rental escalations every 5 years with four additional 5-year renewal options
• TENANT: AutoZone Stores, LLC (NYSE: AZO | S&P “BBB” Credit Rating | Moody’s Baa1 Rating) owns & operates 6,662 locations in all 50 states, including Washington, DC, Puerto Rico & Virgin Islands
• TRAFFIC COUNTS: Well-positioned on a large ±1.09-acre lot with exceptional visibility/access on W Orange Blossom Trail, the market’s primary north-south corridor, with traffic counts of 34,798 CPD! Blocks from Home Depot, Lowe’s Home Improvement & Winn-Dixie
• AFFLUENT 2025 DEMOGRAPHICS: Total Population (5MI): 110,889 | Average Household Income (1MI): $118,257

Description:

AutoZone has 9 years remaining on initial 15-year Absolute NNN Ground lease (conveying ownership - underlying ground only), featuring attractive 10% rental escalations every 5 years with four additional 5-year renewal options. The Tenant, AutoZone Stores, LLC (NYSE: AZO | S&P “BBB” Credit Rating | Moody’s Baa1 Rating) owns & operates 6,662 locations in all 50 states, including Washington, DC, Puerto Rico & Virgin Islands.
The Asset is Well-positioned on a large ±1.09-acre lot with exceptional visibility/access on W Orange Blossom Trail, the market’s primary north-south corridor, with traffic counts of 34,798 CPD! Blocks from Home Depot, Lowe’s Home Improvement & Winn-Dixie. Major retailers in Apopka include Walmart, Sam’s Club, Hobby Lobby, Lowe’s Home Improvement, Home Depot, Home Outlet, Marshalls, Ross Dress for Less, Bealls, Five Below, Ulta Beauty, ALDI, Publix, Sprouts Farmers Market, Winn-Dixie, Staples, Dollar General, Dollar Tree, Family Dollar, Ace Hardware, Harbor Freight, Tractor Supply, Petco, Pet Supermarket, Goodwill, Planet Fitness, Crunch Fitness, and Regal Cinema. It is 11 minutes (4 miles) to AdventHealth Apopka - this hospital brings state-of-the-art health care, including 120 private patient rooms, advanced surgical suites, a diagnostic cardiac catheterization lab & expanded women’s services.

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