Publix

OFF MARKET: Rare opportunity to acquire a corporate-guaranteed Publix Super Markets asset located within one of Florida’s fastest-growing metropolitan markets. The property is offered at $22,000,000 with $1,265,000 in annual net operating income, reflecting a 5.75% capitalization rate. The lease carries 13 years of remaining primary term with scheduled rental increases and multiple five-year renewal options, delivering long-duration, inflation-hedged income backed by one of the strongest credit tenants in American retail. Publix operates more than 1,400 stores across the Southeast, is among the largest employee-owned companies in the country, and consistently ranks near the top of the industry in sales per square foot. Ownership is entirely passive. The tenant is responsible for taxes, insurance, and all maintenance obligations, leaving the landlord with no operational duties — an ideal structure for 1031 exchange buyers, out-of-state investors, and family offices seeking durable cash flow without management burden. Grocery-anchored real estate has proven among the most resilient asset classes through multiple economic cycles, insulated from e-commerce disruption and supported by daily-needs consumer traffic. Combined with Florida’s sustained population in-migration, favorable tax environment, and continued household formation, this offering presents a compelling combination of credit, term, and location fundamentals. Assets of this quality with a corporate Publix guarantee rarely reach the open market, and pricing at a 5.75% cap represents attractive relative value against comparable grocery net lease trades.