NNN Leased Investment Property
NNN Leased Investment Property
Marketing description
Exceptional investment opportunity in the heart of Islamorada. This multi-tenant commercial property is anchored by Kodiak Lumber, a national tenant on a long-term NNN lease, providing stable, passive income. In addition, the property features six other retail, office, and restaurant spaces, all occupied on month-to-month leases by tenants who have been in place for over 15 years, creating a reliable and diversified income stream.
Positioned on one of the largest parcels along US-1 in Islamorada, this asset offers unmatched visibility with 593 feet of frontage on both US-1 (Overseas Hwy) and Old Hwy, benefiting from high daily traffic counts on both roadways.
The buildings are of solid CBS construction and have been meticulously maintained, with ample on-site parking available for customers, staff, equipment, or commercial fleet use. Highway Commercial (HC) zoning allows for a broad range of uses including retail, service, office, and marine-related operations, giving investors flexibility for future growth and repositioning.
This is a rare chance to acquire a trophy Upper Keys commercial investment property with a strong national anchor, proven tenant history, and prime redevelopment potential.
Investment highlights
National Anchor Tenant (Kodiak Lumber) on long-term NNN lease
Six additional retail/office/restaurant spaces, tenants in place 15+ years
One of the largest parcels on US-1 in Islamorada
593 feet of frontage on US-1 (Overseas Hwy) and Old Hwy
High daily traffic counts with maximum visibility
Solid CBS construction, buildings and grounds meticulously maintained
HC (Highway Commercial) zoning – broad range of permitted uses
Ample on-site parking for customers, staff, equipment, or fleet
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