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Listed price in listed location currency (USD).
$1,500,000

000

MLS® O6386723

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size 7008 sqft
Garage No
HOA Fees 
Taxes $26,485
Days Active 0
Approx. Age 2009
Avg. Price Per Sqft $214
MLS® Number O6386723

Property Address: 801 S Goldenrod Rd, ORLANDO, FL, 32822-8129

Average square foot calculated using Size range provided by listing agent.

Description

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 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.
MLS® NumberO6386723
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2009
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 2, 2026List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
801 S Goldenrod Rd, ORLANDO, FL

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