Showing posts with label Jacksonville. Show all posts
Showing posts with label Jacksonville. Show all posts

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

Featured Property

 
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