Monday, October 31, 2011

NN Verizon Wireless Investment Property in Jacksonville, FL

NNN Lease Investment 


Asking Price $2,425,807 | CAP Rate 7.75%

AIRPORT CENTER DRIVE | JACKSONVILLE, FL 32218

LEASE SUMMARY

NOI
$188,000
Square Footage
4,000 sf
Land Area1.25 acres
Tenant
Verizon Wireless
Websitewww.verizon.com
Credit RatingS&P: A-
GuarantorCorporate
Lease Type
NN
Lease Term
10 years
Rent CommecementEst. Jan 15, 2012
OptionsTwo (2), five (5) year
Increases
Every 5 years

HIGHLIGHTS

  • Pad site to 850,000+sf Retail Power Center
  • New Construction between McDonald's and Chic-Fil-A
  • Investment Grade Tenant – S&P A-
  • Rent increases every 5 years

LOCATION OVERVIEW

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Location: Duval, Jacksonville, FL 32218, USA

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