Publix

Interested in selling your Publix NNN property or Publix ground lease property and was wondering what you can get for it in today’s changing market?

Contact us for a complimentary broker opinion of value for your off-market Publix NNN property for sale or Publix ground lease property for investment, specifically tailored to support your 1031 exchange requirements. This valuable assessment will provide you with the necessary clarity to make informed decisions regarding the sale of your Publix NNN property or the inclusion of a Publix ground lease property in your investment portfolio. As specialists in working with 1031 exchange buyers seeking off-market Publix properties, we are dedicated to delivering competitive offers with reduced fees to help you maximize your investment returns.

Number of locations

As of January 2023, Publix has over 1,300 stores in the United States. These stores are primarily located in the Southeastern states, including Florida, Georgia, Alabama, Tennessee, South Carolina, North Carolina, and Virginia.

Revenue and income

In 2022, Publix’s total revenue was $46.2 billion. Publix recorded a net income of $3.4 billion during the same period.

Future plans

Publix has outlined plans for strategic growth and expansion within its existing markets. In 2023, the company aims to open several new stores, enhancing its presence in the Southeastern region. Publix is investigating technology investments to enhance its customers’ overall shopping experience.

Corporate vs. franchise

All Publix stores are company-owned, and there is no franchise model for Publix supermarkets. The company has maintained a centralized ownership and operational structure since its inception.

Additional information Publix Properties

Established in 1930, Publix had its origins in Winter Haven, Florida.
The supermarket chain is known for its commitment to customer service and employee ownership.
Ranked among the world’s largest employee-owned companies, Publix stands out for its employee ownership structure.
The company’s popular products include bakery items, deli subs, and fresh produce.
As a privately held company, Publix has no stock publicly traded on any stock exchange.

Publix History

Publix traces its origins back to 1930 when George W. Jenkins founded the first Publix store in Winter Haven, Florida. Originally named “Food Palace,” the chain underwent a rebranding and became known as Publix Super Markets in 1940. The company expanded steadily, emphasizing customer service and employee ownership. Publix gained prominence in the Southeastern United States and is recognized for its commitment to quality products.

Why Invest in Ground Lease and NNN Lease of Publix?

Investing in Publix’s ground lease and triple net (NNN) lease properties offers compelling reasons:

1) Publix NNN Property Investment: Stable income

As a well-established and reputable grocery retailer, Publix provides a reliable source of income. Ground and NNN leases offer predictable cash flows over an extended period.

2) Publix NNN Property Investment: Established tenant

Publix’s strong market presence and customer loyalty reduce the risk of vacancy or lease default, ensuring a stable and reliable tenant for the property.

3) Publix NNN Property Investment: Low management responsibility

With ground and NNN leases, the tenant assumes the responsibility for property maintenance and expenses, minimizing the landlord’s management obligations.

4) Publix NNN Property Investment: Favorable lease terms

Long lease terms with built-in rent escalations provide stability and the potential for rental growth over time.

5) Publix NNN Property Investment: Real estate value

Publix’s strategic locations in high-traffic areas can enhance property value, offering the potential for capital appreciation.

Pros and Cons of Publix Ground Lease and NNN Lease Investment

Pros:

1. Stable income from a well-established and reputable grocery brand.
2. Established tenant reduces vacancy and lease default risks.
3. Minimal management responsibility for landlords.
4. Long lease terms provide stability and potential income growth.

Cons:

1. Lease renewal risk when the term expires.
2. Dependency on Publix’s success and operational challenges.
3. Market competition and economic factors may impact profitability.
4. Limited control over property decisions.
5. Financial and market risks inherent in real estate investments.

Thorough due diligence, including consideration of location, lease terms, tenant strength, and investment strategy, is crucial. Seek guidance from real estate professionals and financial advisors to align with your goals and risk tolerance.