Long Term Absolute NNN Investment Opportunity

Long Term Absolute NNN Investment Opportunity
205 S US Hwy 17 92, Longwood, FL 32750, USA
For Sale $1,125,000.00 (7.5% CAP Rate) - Retail
205 S Hwy 17-92 4562 SF

205 S  Hwy 17-92 Longwood

  • 4,562 SF Retail Building currently under Tenant Renovation
  • 32,500 SF Site with C-2 Zoning with 200’ fronting HW 17-92
  • 10 Year Base Term ABSOLUTE NNN Lease starting 1/1/2020
  • Zero Landlord Obligations over the Term of the Lease
  • NOI is $84,000 a year with 5% Annual Increases, Tenant will pay over $1MM+ in rent over the Base Lease Term
  • Located at the Major Intersection of Hwy 17-92 and SR 434
    •        (only 150’ away from intersection) with new developments in the area
  • Owner Financing with 15% down($168,750), 7% IO on up to a 15 year term, 10% ROI in year 1 and increasing by 5% each year after.
  • Strong guarantors, Strong Location, in the path of progress
  • Tenant will be opening up several drive thru convenience locations throughout Central Florida
  • Sale Price:                $1,125,000 (7.5% CAP Rate)

CONFIDENTIAL LISTING NO SITE VISITS WITHOUT BROKER

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Agent Vincent Wolle, CCIM, SIOR

As the founder of RREP, Vince has had over 18 years experience in the commercial real estate market and has…
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