Asking
Price $2,322,581 | CAP Rate 7.75%
LEASE SUMMARY
NOI $180,000
Square
Footage 2,412 sf
Rent per
SF $74.63
Land
Area 0.75 acres
Tenant Popeye's Chicken & Biscuits
Ownership
Type Fee Simple
Lease Type NNN
Landlord
Responsibilities None
Store
Opened 2007
Lease
Term 15 years
Lease Commencement
Lease Expiration 15yrs from Close
Options Three (3), five (5) year
Increases 10% every 5 years
INVESTMENT HIGHLIGHTS
Strategically located between I-95 and the Florida Turnpike – just .75 miles to Turnpike
Great real estate – hard corner of a
lighted intersection
New Construction – benefit from the
accelerated depreciation available (15 year schedule on all improvements)
Absolute NNN lease – Investor
friendly in strong Southeast Florida market
Tenant owns all FF&E instead of
leasing it, therefore all occupancy expense ratios are in line with industry
standards.
You may visit our website
to view the entire NNN Leased Investment Properties
Scott
Black
Associate
(813)
282-6000
For More
information Contact:
Patrick Nutt
Associate
Vice President
(813)
282-6000
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