Property details
1031nnn, Southeast Region
Property Description
1031nnn
1031nnn property 45 minutes north of a major Florida city. This property is prime for 1031nnn! Located near Winn Dixie, Bealls, and SunTrust Bank. The site is off of a major Interstate on a major artery roadway with considerable growth in the area.
Who buys 1031nnn properties?
1031nnn properties are purchased through us by just about every type of buyer. From the apartment owner tired of management, to the doctor who wants a secure blue chip property with no responsibilities.
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Highlights
- Status:
- Available
- Price:
- $2,033,437
- PSF:
- $290
- Cap Rate:
- 6.75%
- Annual Rent:
- $137,257
- Rent Increases:
- Years 11-15 $150,983
Property Information
- Building Size:
- 7,000 sq.ft.
- Property Type:
- Net Lease
- Industry Type:
- Auto Parts - Repair
- Units/Spaces:
- 1
- Land Area:
- 1.60 acres
- Purchase Tenure:
- Fee Simple
Lease information
- Tenant:
- Advance Auto Parts
- Lease Type:
- NNN
- Lease Commencement:
- 11/14/2007
- Lease Expiration:
- 12/1/2022
- Lease Term:
- 15 years
- Years Remaining:
- 13 years
- Landlord Responsibilities:
- Liability Insurance
- Options:
- (3) 5 year options
Existing financing information
- N/A
The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.