$1,900,000
Details
Price : $1,900,000
Cap Rate : 3.5%
NOI : 66500
Building Size : 3,000 Sq Ft
Lot Size (AC) : 1.25
Year Built : 2004
Lease Type : Ground Lease
Lease Expiration : 9/30/2019
Renewal Options : Four, 5-year
Rental Increases : 10% Every 5 years
Status : Available
Property Type : Retail
Investment Highlights
Description
• Long-Term National Tenant
• Ground Lease
• NNN with No Management Responsibilities
• Significant Upside Rent Potential
• High-Profile Retail Corridor Location
• Excellent Demographic Profile
• High Traffic Counts
• Offered Free and Clear
• Florida has no State Income Tax
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