Publix

Purchase Price$31,000,000
Annual Rental Income$1,860,000
Cap Rate6%
Lease Term12 Years
CityTampa MSA
Tenant: Publix
Sector: Big Box Grocery Retail
State: Florida

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Publix Super Markets Net Lease Investment Opportunity
Tampa, FL MSA
12-Year Absolute Triple Net Lease | Fee Simple Ownership | Investment-Grade Credit

This offering presents a rare opportunity to acquire a single-tenant Publix Super Markets property in the Tampa, Florida Metropolitan Statistical Area, one of the fastest-growing and most desirable regions in the United States. Secured by a brand-new 12-year absolute triple net (NNN) lease, the investment provides stable, long-term, and management-free income backed by one of the most dominant grocery operators in the nation. With strong demographics, a prime location, and corporate-backed lease security, this Publix asset is an outstanding fit for investors seeking dependable income and appreciation potential.

Location and Market Overview
The Tampa MSA, with a population exceeding 3.2 million, ranks among the top growth markets in the country, supported by robust job creation, in-migration, and a diversified economy. The region is known for its strong tourism, healthcare, technology, and finance sectors, as well as its rapidly expanding residential base. Tampa consistently ranks as one of the best places to live and do business, driving demand for both retail and service-oriented tenants.

The subject Publix is strategically positioned on a highly visible hard corner within a dense retail corridor experiencing daily traffic counts exceeding 52,000 vehicles. The site is surrounded by major national retailers including Target, Walmart, Lowe’s, and Home Depot, as well as strong complementary tenants in dining and service categories. This placement ensures consistent consumer activity and long-term relevance for the property.

Demographics
The surrounding area features exceptional demographics that strongly support a grocery anchor tenant. Within a three-mile radius, the population exceeds 82,000 residents, with average household incomes of $96,000. Expanding to five miles, the population grows to more than 188,000 residents, with household incomes averaging $91,000. This affluent and growing customer base provides Publix with steady foot traffic and strong year-over-year sales performance.

Property Details
The property consists of a freestanding Publix supermarket totaling approximately 54,000 square feet on a 7.5-acre parcel. Built to Publix’s modern prototype, the store features updated interiors, expanded grocery, bakery, and deli sections, and abundant on-site parking. The site layout provides excellent ingress and egress from multiple access points, ensuring convenience for daily shoppers.

Ownership is offered fee simple, granting the buyer full control over both land and improvements, providing long-term security and flexibility.

Lease Structure and Tenant Guarantee
The property is secured by a brand-new 12-year absolute triple net (NNN) lease. Under the terms of the lease, Publix is responsible for all expenses, including taxes, insurance, and maintenance, creating a truly passive investment. The lease includes 10% rental increases every five years, ensuring steady income growth throughout the term.

Publix Super Markets, Inc. is the largest employee-owned grocery chain in the United States, operating more than 1,350 locations across the Southeast. The company consistently ranks among the top-performing grocery retailers in the nation, with investment-grade credit, exceptional customer loyalty, and one of the highest sales-per-square-foot averages in the grocery sector.

Surrounding Area and Trade Drivers
The Tampa MSA benefits from strong population growth, in-migration of high-income households, and continuous commercial expansion. The subject property is strategically located near residential neighborhoods, schools, medical facilities, and business districts. Its hard-corner placement on a major arterial road ensures consistent traffic, while the surrounding retail anchors drive daily consumer visits.

Investment Highlights

  • Brand-new 12-year absolute triple net (NNN) lease with Publix Super Markets.
  • Fee simple ownership of a 7.5-acre parcel with a 54,000-square-foot modern prototype supermarket.
  • Tenant responsible for all property expenses, ensuring a 100% passive investment.
  • Scheduled 10% rental increases every five years, delivering predictable income growth.
  • Corporate guarantee from Publix, one of the largest and most dominant grocery retailers in the nation with investment-grade credit.
  • Prime Tampa MSA location on a hard corner with daily traffic counts exceeding 52,000 vehicles.
  • Excellent demographics: more than 82,000 residents within three miles and 188,000+ within five miles, with household incomes averaging $91,000–$96,000.
  • Surrounded by national retailers and situated in a high-demand retail corridor.
  • Highly attractive to 1031 exchange buyers, REITs, family offices, and institutional investors seeking stable, long-term income.

Buyer Profile and Financing
This Publix property is ideally suited for 1031 exchange buyers and institutional investors seeking a secure, long-term, and management-free asset. Publix’s investment-grade credit and long-term lease provide lender confidence and favorable financing terms.

Conclusion
This Publix Super Markets property in the Tampa MSA represents a premier single-tenant grocery-anchored net lease investment. Featuring a 12-year absolute NNN lease, corporate-backed guarantee, scheduled rent escalations, and a prime location in one of Florida’s strongest markets, the property offers secure and predictable income along with strong appreciation potential.

Qualified investors are encouraged to request the full offering memorandum, tenant lease abstract, and financial details.

Property details provided on this site are for general informational and illustrative purposes only. Specific availability and property status may change without notice. Please contact us to confirm current opportunities.