801 S Goldenrod Rd Orlando, FL 32822
New
Long-term AutoZone ground lease in Orlando with zero landlord responsibilities.
Property size:
7,008 SFLot size:
1.02 AcresProperty Features for 801 S Goldenrod Rd
General Information
- Standard status
- Active
- Size
- 7,008 SF
- Lot size
- 1.02 Acres
Building Details
- Year built
- 2009
Source:
Corcoran
Listing Agency: MAXLIFE REALTY LLC Listing Agent: Ryan Solberg
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
AutoZone NNN Ground Lease Investment
This commercial property in Orlando features a long-term corporate AutoZone tenant under an absolute NNN ground lease, requiring zero landlord responsibilities. The 7,008 SF building, constructed in 2009, is situated on a 1.02-acre parcel with 208 feet of frontage along a high-traffic commercial corridor. AutoZone has occupied the site for 17 years. The lease structure is a true Absolute NNN Ground Lease, with the tenant responsible for all expenses, including taxes, insurance, CAM, roof, and structure. The current annual rent is $60,500.04, with 10% increases scheduled every five years, potentially reaching $88,578 in the final option period. The lease includes 4 five-year renewal options, potentially extending the tenancy through 2044. The property is located approximately 8.7 miles from Orlando International Airport, surrounded by residential neighborhoods and commercial corridors. This investment is suited for passive investors seeking stable, predictable income and long-term land appreciation.
Location Intelligence
Current Use by Public Records
AutoZone Auto Parts
Auto Parts Store
Similar Places Nearby
Approved Auto Repair, Premium Harmony Collision Center, AUTO GLASS LADY LLC, Maaco Auto Body Shop & Painting, Opmax Support Services LLC
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Brevard
- State
- Florida
- Longitude
- -81.2854383
- Latitude
- 28.5332768
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - Long-term AutoZone ground lease in Orlando with zero landlord responsibilities.
Where is this auto shop located?
The property is located at 801 S Goldenrod Rd Orlando, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: - Absolute NNN Ground Lease: Zero landlord responsibilities.; - Corporate-Guaranteed Lease: Backed by AutoZone, Inc. (NYSE: AZO).; - Long-Term Income Stability: Lease extends potentially through 2044.
