Publix

Tenant Description

Publix is an American supermarket chain headquartered in Lakeland, Florida. It was founded in 1939 and is a private corporation. Publix operates throughout the Southeastern United States, with 70%+ of its locations in Florida and the remaining scattered throughout Georgia, Alabama, South Carolina, Tennessee, North Carolina, and Virginia. As of January 2019, Publix employs more than 190,000+ people at its 1,250+ retail locations.

What To Look For When Buying A Publix

Location, Can You Re-Tenant If They Leave

What We Like About Publix

Great Brand Recognition in Florida

Competition

Whole Foods

What Is Sold In A Publix

Groceries

Publix Website

http://www.publix.com/

Corporate Office Location

3300 Publix Corporate Pkwy – Lakeland, FL 33811

Fast Facts

Publix was ranked No. 12 on Fortune magazine’s list of 100 Best Companies to Work For in 2019, up from No. 47 in 2018,

Publix was ranked No. 7 on Forbes’ 2017 list of America’s Largest Private Companies in FL

Fortune ranked Publix #1 on their 2018 list of World’s Most Admired Companies in the Food & Drug Stores sector.

Publix ranked No. 88 on Fortune magazine’s Fortune 500 list of U.S. companies by revenue for 2017.

Publix – Tenant News
Publix - Tenant News
Average Cap Rate Trend
5.75%
2019
5.50%
2020
12 mo avg with 10+ yr lease term (*Please Note Data Points Are Not Exact Figures*)
Average Sale Data & Lease Structure
Average Sale Price$9,000,000
Avg. Annual Rental Income$550,000
Avg. Price/ SF$350/SF
Typical Lease TypeTriple Net
Typical Lease Term20 Years
Typical Lease Escalations10% Every 5 Years
Credit Rating
S & PN/A

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