This NNN Lowe’s Ground Lease opportunity is located in Tampa, Florida and features a long-term net lease with one of the most recognizable home improvement retailers in the United States. The investment consists of a single-tenant ground lease with nearly 18 years remaining on the current term and multiple renewal options, providing durable income and long-term stability. With 100% occupancy and strong historical performance, this asset is well suited for investors seeking reliable passive cash flow backed by a national brand.

The ground lease structure places operational responsibility on the tenant, while the landlord benefits from predictable income and minimal management. The lease was previously extended, reinforcing the tenant’s long-term commitment to the site, and includes built-in rent increases during option periods that support future income growth. The large-format retail building and expansive site further enhance the long-term viability of this Tampa location.

Positioned along a major commercial corridor, the property benefits from exceptional visibility, strong traffic counts, and convenient regional access. The surrounding area features dense residential neighborhoods, established retail centers, and strong infrastructure connectivity, supporting consistent consumer demand. As a primary anchor within its retail environment, the location plays a key role in daily traffic generation and long-term market relevance within Tampa.

Investment Highlights

• Long-Term NNN Ground Lease: Approximately 18 years remaining
• Strong Tenant: National home improvement retailer
• Rent Growth: 5% increases in each renewal option
• Ground Lease Structure: Minimal landlord responsibilities
• Large Site: Nearly 17 acres with ample parking
• High-Performing Location: Strong store traffic relative to peer locations
• Excellent Access & Visibility: Major roadway exposure
• Established Retail Node: Anchor position within a larger shopping area