Prime Absolute NNN Ground Lease investment in the heart of Orlando, featuring a long-term corporate AutoZone tenant with zero landlord responsibilities. This rare opportunity offers stable, predictable income backed by AutoZone, Inc. (NYSE: AZO)—one of the nation’s largest and most recession-resilient automotive parts retailers, operating more than 7,600 stores across… Read More the U.S., Mexico, and Brazil.
Located at 801 S Goldenrod Rd, Orlando, FL 32822, the property sits on 1.02 acres with excellent visibility and 208 feet of frontage along a high-traffic commercial corridor. AutoZone has occupied this site for 17 years, demonstrating strong location commitment and operational success.
The 7,008 SF building was constructed in 2009 and is governed by a true Absolute NNN Ground Lease, with the tenant responsible for all expenses, including taxes, insurance, CAM, roof, and structure. Investors benefit from a hands-off, bond-like income stream with no maintenance obligations.
Current annual rent is $60,500.04, increasing every five years by 10%, with future escalations reaching up to $88,578 in the final option period. The lease includes 4 five-year renewal options, extending potential tenancy through 2044, providing long-term income stability and attractive rent growth.
Orlando remains one of the fastest-growing metros in the U.S., supported by strong population growth, infrastructure expansion, and a robust automotive service sector. The property is just 8.7 miles from Orlando International Airport, surrounded by dense residential neighborhoods, major retail, and high-demand commercial corridors. Orlando’s commercial land values continue to outperform peer markets, making this site a compelling long-term hold.
Investment Highlights:
• Absolute NNN Ground Lease — zero landlord responsibilities
• Corporate-guaranteed lease with AutoZone, Inc.
• Long-term occupancy — 17 years at this location
• 20-year initial term + 4 (5-year) options
• Scheduled 10% rent increases every 5 years
• Strong traffic exposure with 208’ frontage on Goldenrod Rd
• 1.02-acre parcel in a high-growth Orlando corridor
• Near major demand drivers including Orlando International Airport
• AutoZone reported $18.9B revenue and $2.5B net income in FY 2025
• Ideal for passive investors seeking stable, predictable income and long-term land appreciation
This offering combines a nationally recognized tenant, a true passive-income lease structure, and exceptional Orlando land fundamentals—making it a standout addition to any net-lease or long-term investment portfolio. Read Less
Courtesy of MAXLIFE REALTY LLC 321-373-3536
Listing Snapshot
Days Online
0
Last Updated
Property Type
Business
Square Ft.
7,008
Lot Size
1.02 Acres
Year Built
2009
MLS Number
O6386723
Additional Details
Property Access
Frontage Type: City Street, Road Responsibility: Public Maintained Road, Road Surface: Asphalt
Building
Built in 2009, Living area: 7008, Living area units: Square Feet, Building faces West, 1 storey, Construction Materials: Block
Cooling
Central Air
Foundation
Slab
Income
Net Operating Income: $60,500
Lot
1.02 acres, Dimensions: 208x210
Parking
Parking Spaces - 19 to 30
Property
Completed
Roof
Membrane
Taxes
Additional parcels description:, Parcel Number: 35-22-30-6409-00-023, Public Survey Range: 30, Public Survey Section: 35, Annual Amount: $26,485.1, Tax Block: 30, Tax Book Number: 40-10, Legal Description: GOLDENROD CROSSINGS 40/10 THE N 208.32 FT OF THE S 616.32 FT OF LOT 2 AS MEASURED FROM SW CORNER, Lot: 2, Year: 2024, Zoning: RSTD C-1
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