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
- SUBJECT PROPERTY RANKS IN 99TH PERCENTILE OF ALL EXPRESS OIL CHANGE LOCATIONS
- PROXIMITY TO TOP RANKING WALMART SUPERCENTER AND LOCATED IN FORT WALTON BEACH RETAIL CORRIDOR
- LOCATED NEAR ONE OF THE LARGEST US AIR FORCE BASES, EGLIN AIR FORCE BASE
- Price: $4,685,000
- Lot Size: 1.15 AC
- Cap Rate: 5.00%
- Lease Type: Absolute Triple Net (NNN)
- Year Built: 2015
- Building SF: 7,112 SF
- Status: Sold
- Guarantor: Corporate