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Verizon Wireless | 10 Year Corporate NN Lease Opportunity

$2,059,322

4200 Commercial Way, Spring Hill, FL 34606

Active
Last Updated: 07/20/2021

5.9

Cap Rate

2,464 sqft

Building Size

Details:
Cap Rate:    5.9%
Building Size:    2,464 sqft
Lease Type:    Double Net
Year Built:    2019
Roof & Structure:    Lessor Responsibility
HVAC:    Tenant Responsibility
Parking Lot/CAM Maintenance:    Tenant Responsibility
Description:

• Freestanding Verizon Wireless with Passive Lease Structure
• Cellular Sales is Largest Verizon Franchise in the Country with over 750 Locations Nationwide
• No State Income Tax-Florida
• Located in Major Retail Corridor of Spring Hill
• 5-10% Rent Increases ever 5 Year (Based off CPI)
• 42,000+ Vehicle Per Day Traffic Counts In Front of Site
• 87,000 + Population Count Within a 5 Mile Radius
• 20 Year Roof Warranty with Building
• Close Proximity to Pasco-Hernando State College and Timber Pines Golf Course
• Suburb of Tampa Florida
• Excellent Visibility and Easy Access

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Documents:
Title
Offering Memorandum
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