Listed by Equity Investment Services
$1,800,000
Net-Leased Corporate-Guaranteed Distribution Facility
Details
Property Type Retail, Industrial
Sub Type Distribution, Flex
Square Footage 8,400
Cap Rate 7.00%
NOI $126,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Remaining Term 10
Year Built 1977
Acreage 0.510
Zoning C
Investment Type Net Lease
Ground Lease No
Full corporate guaranty by 9-figure publicly traded entity. Serves as distro hub for 25+ retail loc
Investment highlights
- 8,400 SF fully built-out distribution, storage center
- New 10-year NNN lease with Grow Healthy
- Site serves as Grow Healthy distribution Center who has currently 18 stores in Florida
- Roll-up doors for loading/unloading, fenced yard with multiple access points
- 3-phase power, commercial drainage, and food-grade finishes
- Located 5 minutes from SR-60 with easy access to I-4 and US-98
- Strong long-term lease in place with reliable cash flow with corporate guarantee
Listing Contacts
Listed by Equity Investment Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$126,000.00
$10,500.00/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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