NNN Goodyear - Vero Beach FL
Absolute NNN | Corporate Lease | 10% Increases
Marketing description
Introducing a lucrative investment opportunity in Vero Beach, Florida! This single-tenant Absolute NNN property, with a long-term lease from The Goodyear Tire & Rubber Company, offers 11+ years remaining and scheduled 10% rental increases. Located at 755 21st Street, the property features a corporate lease signature and boasts a solid S&P rating of B+. With a net operating income of $152,000 and a competitive cap rate of 5.10%, this retail outlet with 7,667 SF of rentable area sits on a generous 0.87 AC land area. Perfect for investors seeking a reliable income stream, don't miss out on this prime investment in a strategic location with high traffic flow and strong demographics. Contact us today for more details on this exclusive offering before it's gone!
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