The NNN Pro Group is pleased to present the exclusive sale-leaseback listing for the 110 Grill located at 25 Ledgeview Way in Wrentham, Massachusetts. The site consists of roughly 5,800 rentable square feet of building space plus an exterior patio. This 110 Grill is subject to a 15-year Triple Net (NNN) Lease. The initial annual rent is $330,000 and is scheduled to increase by 10% Every Five Years. There are 4, 5-Year renewal options.
About the Investment:
✓ Brand New 15 Year Triple-Net (NNN) Sale-Leaseback
✓ Triple Net | Absolutely Zero Landlord Responsibilities
✓ Attractive Rental Increases | 10% Every 5 Years
✓ Corporate Guarantee From 110 Grill Management, LLC
✓ (4) Four (5) Five-Year Tenant Renewal Options Bringing the Potential Lease Term to 35 Years!
About the Investment:
– High Quality Tenants Including Evviva Trattoria, Wrentham Animal Hospital, Verizon, WeGotSoccer and More
– 100% Leased Strip Center & One Freestanding Building With a Weighted Average Lease Term of 11 Years Remaining
– Additional Rental Income Stream from Billboard on Premises | Over 20 Years Remaining on Lease
