NNN single tenant Ground Lease with fifteen and one-half (15.5) years remaining. The property features six (6), five (5) year renewal options Absolute Net Ground Lease. Tenant is responsible for all expenses including roof, structure, taxes, insurance and common area maintenance Asking price is between $9.4M and $10M, 5.5%Cap call for more info
There will be an Absolute auction happening soon on this Double net Walgreen's in Florida.
The new landlord will only have structure and roof responsibilities. Auction will happen soon, Walgreen's still has 6 years left on the original lease and new investor could enjoy a really remarkable return. Call Eion for more details on this deal This Dollar General is strategically positioned on the main thoroughfare within
Lake Hamilton The property is encumbered with a 15 year absolute NNN Lease, leaving zero landlord responsibilities, and is 9,002 SF. The lease contains three (5 Yr.) options of renewal, each with 10% rent increases. The Tenant Lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of BBB- , which qualifies for an Investment Grade status. call 9546296215 for more investment details. By Eion Snell NNN or Triple net is a much sort after investment as there is zero! landlord responsibilities.
NOI or net operating income are usually at market rates, which is not bad for doing nothing. Over the months to come I will be posting the best deals around so keep an eye out. |
Net Lease News
|