Offering Memorandum
Property Highlights
- BRAND-NEW LONG-TERM NET LEASE
- CORPORATE LEASE GUARANTEE (1,100+ UNITS)
- ABSOLUTE TRIPLE-NET LEASE
- STRONG UNIT LEVEL REAL ESTATE FUNDAMENTALS
- STRATEGICALLY SITUATED ALONG U.S. HIGHWAY 98, RETAIL CORRIDOR AND NEAR WALMART SUPERCENTER
- LOCATED IN BEACH COMMUNITY OF NAVARRE, FL IN PENSACOLA MSA
- Price: $4,721,000
- Lot Size: 1.16 AC
- Cap Rate: 5.25%
- Lease Type: Absolute Triple Net (NNN)
- Year Built: 2019
- Building SF: 5,976 SF
- Status: Sold
- Guarantor: Corporate