Listing Details

PRICE: $2,288,000
CAP RATE: 6.6%
NOI: $150,984
LEASE TERM: 15-Years
LEASE TYPE: NNN Lease
TURNOVER (estimated): April 7, 2026
RENTAL INCREASES: 5% every 5th Year
RENEWAL OPTIONS: (5) 5-Year Options
BUILDING SIZE: 10,640 SF
LOT SIZE: 2.5 Acres
TMS: 161-01-00-002-000
GUARANTOR: Corporate
HIGHLIGHTS
· 5% rent increase every five (5) years
· 5-mile average household income $79,278
· 6,800 cars per day
· 10,640 SF
· Strategically located on Hwy 21
· Convenient to all the housing around the trade area.
· Brand New Construction
· NNN – Zero Landlord Responsibilities
· 15-Year initial term NNN lease
· Five (5) year options