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*** It 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!


This fee simple (land & building) ownership asset is currently under construction on a large ±1.81-acre lot, situated on a signalized, hard corner with excellent visibility/ access on US-27 with traffic counts of 58,573 CPD! Nearby retailers include Target, BJ’s Wholesale Club, Publix, Burlington, Hobby Lobby, Marshalls & HomeGoods, Dick’s Sporting Goods, JCPenney, Ross Dress for Less, Bealls Outlet, Best Buy, Dollar General, Dollar Tree, Family Dollar, Ashley, Cato, rue21, Sally Beauty, Books-A-Million, Michaels, Five Below, Staples, PetSmart, Walgreens, AutoZone, Cinepolis; Dining options include Beef O’ Brady’s, Cracker Barrel, Culvers, McDonald’s, Wendy’s, Burger King, Taco Bell, Five Guys, Starbucks, Dunkin’, Popeyes, First Watch, Panera Bread, Chipotle, Bob Evans, Waffle House, and Denny’s. Daybreak Market is 18 miles from Florida Polytechnic University Lakeland - a public university offering graduate & undergraduate degrees with 1,606 students; 20 miles from Polk State College Winter Haven - a public college offering a variety of degrees & certificates with a total enrollment of 13,916; Less than 6 miles from AdventHealth Heart of Florida ER - a licensed 202-bed acute care hospital.

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 80% of the building, cost of canopies, fuel tanks/pumps, equipment, etc. in the first year!
• This fee simple (land & building) ownership asset is currently under construction on a large ±1.81-acre lot, situated on a signalized, hard corner with excellent visibility/ access on US-27 with traffic counts of 58,573 CPD!
• 2023 Population: 52,021 & 2023 Avg. Household Income: $88,394

Documents

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