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7725 Moccasin Wallow Rd, Palmetto, FL, 34221

Autozone
$1,835,294

Key Information

Cap Rate
4.25%
$ per SF
$248
Tot. SF
7,381
Lot Size
1.04 Acres
Year Built
2026
Term Remaining
± 15 Years
Type
Retail
NOI
$78,000

Highlights

  • Brand New 15-Year Lease: Newly constructed AutoZone featuring a fresh 15-year lease with built-in 10% rent increases every 5 years, providing long-term income growth and inflation protection.
  • Corporate Backed Lease: Lease is backed by AutoZone, Inc. (NYSE: AZO), an S&P-rated BBB tenant, providing durable, investment-grade cash flow from a nationally recognized operator.
  • Absolute NNN Ground Lease: Zero landlord responsibilities; tenant handles all operating expenses including taxes, insurance, and maintenance.
  • Below-Replacement Cost: Property is being offered at a basis below today’s construction and replacement cost, providing immediate downside protection.
  • High Visibility: Positioned directly off I-75 (±92,000 VPD), benefiting from strong exposure to both regional and local traffic.
  • Strong Access: The site offers convenient access for eastbound and westbound traffic along Moccasin Wallow Road through a full-access point within the development.
  • High Growth Market: Positioned in Palmetto near the Parrish corridor, a major residential growth area fueled by large master-planned communities that are driving population growth and long-term retail demand.
  • Strong Retail Synergy: Located near a dense concentration of national retailers, including Publix, Taco Bell, Wendy’s, Culver’s, and Heartland Dental, demonstrating the area’s depth of retail demand.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # CQ1066435, BK3554632 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203