Publix Pays $2.3M To assume Lease Of Closed Neptune Beach Lucky's Market

Jun 7, 2021

Publix Super Markets Inc. paid almost $2.3 million to assume the lease of the closed Lucky’s Market in Neptune Beach.

WJCT News partner the Jacksonville Daily Record reported Lucky’s Market Parent Company LLC, as a successor to Lucky’s Market Operating Company LLC, of Lafayette, Colorado, sold the assignment and assumption agreement for the store lease to Publix on May 21.

The sale is part of a bankruptcy deal for Publix to pay $11.5 million for five Florida leased stores in Neptune Beach, Naples, Clermont, Orlando and Ormond Beach.

The Lucky’s Market organic and natural foods stores chain declared Chapter 11 bankruptcy reorganization in January 2020.

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