AutoZone Ground Lease

Michael Collard Properties, Inc. acting as exclusive Broker on behalf of Lake Gibson Lot 1, LLC  is proud to offer for sale an AutoZone ground lease in Lakeland, Florida (the “Property”), a NNN ground lease located on an out-parcel to the Lake Gibson Shopping Center owned and anchored by Publix Supermarkets. Tractor Supply also operates at the center as the junior anchor. This investment is an excellent opportunity for an investor seeking a conservative NNN property with an upside.

The property is located in Lakeland, Florida home to Publix Supermarkets, one of the most dominant grocers in the Southeast, and the spring training city for the Detroit Tigers major league baseball team.  Due to its proximity between Orlando and Tampa, Lakeland has experienced growth in the last ten years with a growth rate of 16.9%. Lakeland is expected to continue to grow in the next ten years which further insures the success of this investment.