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AutoZone NNN Ground Lease
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Pending

27890 S Tamiami Trail, Bonita Springs, FL 34134

Freestanding retail building leased under a long-term triple-net structure.

Property Size7,072 SF
Days on Market141

Property Features for 27890 S Tamiami Trail

General Information

Standard status Pending
Size 7,072 SF
Property subtype Retail
Occupancy 100%
Net Operating Income $116,400

Site & Location

Anchor Co-Tenants Publix
Traffic Count 51,000 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Gross Income $116,400

Building Details

Buildings 1
Tenancy Single
Listing Agency: Cushman & Wakefield - Tampa, Florida
Listed By: Patrick Berman · License #FL SL648004
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 4:20PM

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 Cushman & Wakefield - Tampa, Florida

Investment Insights

Based on property information with market context.

This 7,072-square-foot freestanding retail building is leased to AutoZone Stores, Inc. under a triple-net ground lease with an initial 20-year term. The agreement includes a 12% increase during the first 5-year option period, with market-value resets during options two and three.

The property occupies an out-parcel at Center of Bonita Springs, a 285,680-square-foot Publix-anchored shopping center, along U.S. Highway 41 at 27890 S. Tamiami Trail in Bonita Springs. Traffic volumes are reported at 51,000 vehicles per day on Tamiami Trail and 25,000 vehicles per day on Bonita Beach Road. Nearby retailers include L.A. Fitness, Ollie's Bargain Outlet, Harbor Freight Tools, Aldi, and Walgreens, with the site serving the Bonita Springs and North Naples trade areas.

Key Highlights

  • 7,072‑square‑foot freestanding retail building
  • AutoZone Stores, Inc. occupies the property under an NNN ground lease
  • Initial lease term of 20 years

Property Analytics

Current Use

AutoZone Auto Parts Auto Parts Store

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Garden Center Veterinary Clinic (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

51,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,507
Businesses Nearby
319k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 28% Groceries 23% Dining 23% Home Improvements & Furnishings 11%
Publix Groceries
51,521 visits/mo 0.2 miles
McDonald's Dining
26,936 visits/mo 0.5 miles
Aldi Groceries
22,818 visits/mo 0.3 miles
Sunshine Ace Hardware Inc Home Improvements & Furnishings
22,273 visits/mo 0.3 miles
Sunoco Shops & Services
17,714 visits/mo 0.2 miles

Demographics for 34134, FL

15,906
Population
15,051
Households
1.1
Avg Household Size
70
Median Age
55%
College-Educated
98%
High-School Grad
13.4 sq mi
ZIP Area
1,187
Density / Sq Mi
$122,102
Median Household Income
$56,170
Median Earnings
$1,814
Median Rent
$659,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding retail building leased under a long-term triple-net structure.
Where is this nnn property located?
The property is located at 27890 S Tamiami Trail Bonita Springs, FL.
What are key features of this property?
This property features: 7,072‑square‑foot freestanding retail building; AutoZone Stores, Inc. occupies the property under an NNN ground lease; Initial lease term of 20 years
(813) 223-6300 Call to check price and availability
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