NNN Goodyear - Winter Springs FL
Absolute NNN | Corporate Lease | 10% Increases
Marketing description
Presenting a rare investment opportunity in Winter Springs, Florida: 5535 Red Bug Lake Rd. This single-tenant absolute NNN property boasts a corporate lease with The Goodyear Tire & Rubber Company, featuring scheduled rental increases and 11+ years remaining on the lease. With a net operating income of $134,778 and a cap rate of 5.15%, this property offers stability and growth potential. The lease includes six 5-year options with 10% increases at each renewal, ensuring a secure income stream. Located in the thriving Orlando MSA, this property benefits from high traffic volume and a strong demographic profile. Don't miss out on this prime investment opportunity with a reputable tenant in a strategic location. Contact us now to learn more about this exceptional property.
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