AutoZone for Sale in Orlando, FL

Orlando, FL

RetailConvenience StoreAbsolute NNNNet Lease

Key Investment Metrics

Price

$1,513,000

Cap Rate

4.0%

Net Operating Income

$60,500

Building Size

7008 SF

Land Area

1.02 Acres

Remaining Term

15 years

Lease Expiration

06/30/2041

Lease Term

32.8 years

Lease Commencement

09/01/2008

Lease Type

Absolute NNN

Tenant Credit

Corporate Guarantee

Year Built

2009

Tenancy

Single

Rent Increases

Scheduled 10% rental increase beginning July 2029 with additional rental increases throughout the si

AutoZone representative storefront illustrationAI illustration · Not the listed property

Property overview

AutoZone in Orlando

Review the reported property and lease details, then request the supporting documents for your acquisition review.

Building area
7,008 SF
Land area
1.02 acres
Year built
2009
Lease type
Absolute NNN
Lease expiration
06/30/2041

Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.

Before you make an offer

Four things to verify

  1. 1

    Lease and guaranty

    Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.

  2. 2

    Income and expenses

    Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.

  3. 3

    Property condition

    Review survey, title, condition and environmental information relevant to this property.

  4. 4

    Exchange requirements

    For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.

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