Overview

Description

Daybreak Market has a Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years! The Tenant, S&P BBB+ Investment Credit Rated & Moody’s Baa1 Rated Tenant owns & operates the largest refinery in the United States! ***Ask Broker for Details*** Currently qualifies for Bonus Depreciation allowing Landlord to accelerate 80% of the building, cost of canopies, fuel tanks/pumps, equipment, etc. in the first year! (**Purchaser to confirm with CPA - See Accelerated Depreciation Model Page 5**)

This fee simple (land & building) ownership asset is currently under construction on a large ±1.60-acre lot with excellent visibility/access on US-301 with traffic counts of 55,500 CPD! Retailers within 5-mile vicinity include Walmart, Target, Sam’s Club, Lowe’s, Home Depot, Costco, Kohl’s, Bealls, Marshalls, HomeGoods, Nordstrom Rack, Joann, Sally Beauty, Publix, Winn-Dixie, ALDI, Sprouts Farmers Market, Bravo Supermarkets, Save-A-Lot, Dollar Tree, Dollar General, Total Wine, Ace Hardware, Mattress Firm, Walgreens, CVS, Xscape Theatres, Planet Fitness, Crunch Fitness, EoS Fitness, and Esporta Fitness. It is 20 miles from University of South Florida - a public research university with its main campus located in Tampa, offering more than 240 degree programs with total enrollment of 49,766 students in all 3 campuses; 19 miles from University of Tampa - a private university offering more than 200 programs of study with a total enrollment of 10,566; Less than 5 miles from St. Joseph’s Hospital South - a full-service hospital offering outpatient services, intensive care, a 24-bed maternity unit, imaging, lab, surgical services with 223 beds

Highlights

• Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
• S&P BBB+ Investment Credit Rated & Moody’s Baa1 Rated Tenant owns & operates the largest refinery in the United States! ***Ask Broker for Details***
• Currently qualifies for Bonus Depreciation allowing Landlord to accelerate 60% of the building, cost of canopies, fuel tanks/pumps, equipment, etc. in the first year! (**Purchaser to confirm with CPA - See Accelerated Depreciation Model Page 5**)
• This fee simple (land & building) ownership asset is currently under construction on a large ±1.60-acre lot with excellent visibility/access on US-301 with traffic counts of 55,500 CPD!
• 2023 Population: 198,677 and 2023 Avg. Household Income: $106,647

Documents

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