AutoZone Ground Lease
12015 US-301, Parrish, FL 34219
Single-tenant NNN ground lease with corporate-backed AutoZone.
Type:Retail
Property size:
5,000 SFLot size:
0.87 AcresPrice / SF:
$381/SF- Added:
- Feb 9, 2026
- Days on Market:
- 93
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 12015 US-301
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 0.87 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2026
Listing agent William Wamble License #SL3257920
Listing office SRS Real Estate Partners Tampa
Listing date Feb 9, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Tampa
HighLights
- Absolute NNN Ground Lease: A management‑free investment with Tenant (AutoZone) responsible for all expenses.
- Corporate‑Backed Lease: Leased to AutoZone, Inc. (NYSE: AZO | S&P: BBB).
- New 15‑Year Lease: Features four 5‑year renewal options and 10% rental increases every five years.
- High‑Traffic Location: Strategically located at a high‑traffic intersection in Parrish, Florida.
- Strong Demographics: Benefit from excellent demographics with a $134,120 average household income within a 1‑mile radius.
- Solid Income Stream: $81,000 net operating income with a 4.25% cap rate.
Overview
This investment opportunity features an AutoZone ground lease located in Parrish, Florida. The single-tenant property operates under an absolute NNN ground lease, backed by AutoZone, Inc., a leading auto parts retailer with over 7,650 locations worldwide. The property generates a net operating income of $81,000 with a 4.25% cap rate. The newly constructed 5,000 square foot building is situated on 0.87 acres. The lease is brand new with a 15-year term, including four 5-year renewal options and 10% rental increases every five years. As an absolute NNN lease, the tenant is responsible for all expenses. The property is strategically located at a high-traffic intersection with demographics including a $134,120 average household income within a 1-mile radius. This property is located in the Sarasota MSA market.
Location Intelligence
Current Use by Public Records
Auto shops
Similar Places Nearby
- Hybrid Battery Services
- Johnny R Nelson Tire Inc — 12347 US-301, Parrish, FL 34219
- It's Uh Wrap Mobile Cleansing Inc
- AYD TOWING SERVICES INC
Location Insight
- Map
- Local Demand
- City
- Parrish
- County
- Manatee
- State
- Florida
- Longitude
- -82.384641
- Latitude
- 27.645609
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - Single-tenant NNN ground lease with corporate-backed AutoZone.
Where is this auto shop located?
The property is located at 12015 US-301 Parrish, FL.
What is the asking price?
The asking price for this property is $1,906,000.
What are key features of this property?
This property features: Absolute NNN Ground Lease: A management‑free investment with Tenant (AutoZone) responsible for all expenses.; Corporate‑Backed Lease: Leased to AutoZone, Inc. (NYSE: AZO | S&P: BBB).; New 15‑Year Lease: Features four 5‑year renewal options and 10% rental increases every five years.
