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Absolute NNN - 6.4% Cap Rate
$6,000,000
8550 Napolo Drive, Viera, FL 32940
6.4
Cap Rate
Triple Net
Lease Type
Details:
Description:
Curri Commercial LLC is pleased to offer the opportunity to acquire an absolute NNN, freestanding investment property located in thriving Viera (Melbourne), Florida. The tenant, Walk-On’s Sports Bistreaux, was named Entrepreneur’s #1 “Top New & Emerging Franchises” in 2020 with 66 current locations across 13 States and 11 coming soon. Terms include: 10-year initial lease, 5% increases every 5 years, two 5-year options to renew at 5% every 5 years, $32,000 monthly, and property taxes, insurance, repairs and maintenance, common area maintenance, roof and structure all Tenant responsibility. This 6.4% cap investment, high volume Tenant, ideally located in the 13th ranked Master-Planned Community in the US with 58% population growth since 2010, is truly one you do not want to miss!
MORE INFO: https://hd.pics/732810
VIDEO: https://player.vimeo.com/video/752088795?h=1bae4564b2
Documents:
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OFFERING_MEMORANDUM_6.4.pdf
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Location
Gallery
