NNN Pro Group is pleased to present the Exclusive Listing for an Advance Auto Parts located at 10704 US Hwy 19, New Port Richey, FL 34668. The site consists of roughly 12,000 rentable square feet of building space on estimated 1.95-acre parcel of land. This Advance Auto Parts is subject to a 15-year triple-net (NNN) lease and a billboard lease which has a percentage rent on ad revenues. The leases will commence upon store opening, estimated to take place on July 2023. The current annual rent is $256,500 and is scheduled to increase by 10% every 5 years throughout the base term and each of the 3 tenant renewal option periods.
New 2023-2024 Construction | Store Expected to Open on March 2024
Long-Term, 15 Year Modified Triple-Net (NNN) Lease | Landlord Only
Responsible for Structure
10% Rental Escalations Every Five (5) Years Throughout the Base Term and Running into Options
Three (3), Five (5)-Year Tenant Renewal Option Periods
Distribution HUB Store – a Larger 12,000 Sq. Ft. Format Advance Auto Parts Store with Additional Room for Inventory. As a HUB Store, Advance Auto Parts Stocks a Higher Quantity of Parts From which All Stores from the District Can Draw From. The HUB Store Ensures that Every Part that is Available Online, is Also Available In The District’s Stores.
Property Comes With A Billboard – A Secondary Income Stream With Additional Rent | Billboard Lease Has Percentage Rent on Ad Revenues
NNN Pro Group is pleased to present the exclusive listing for an ALDI located at 2615 Santa Barbara Blvd in Cape Coral, Florida. The site consists of roughly 30,000 rentable square feet of building space on estimated 2.77-acre parcel of land. This ALDI is subject to a 20-year absolute triple-net (NNN) ground lease, which commenced in September, 2021. The current annual rent is $260,000 and is scheduled to increase by 7.50% every 5 years throughout the base term and in each of the 6, 5-year renewal options.
About the Investment:
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Ground Lease
✓ Approximately 18 Years Remaining
✓ Seven-and-a-Half Percent (7.5%) Rental Increases Occurring Every Five (5) Years
✓ Six (6), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 50 Years
✓ Rent Per SF is only $8.37/SF | Price Per SF is only $182/SF
NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 13049 North Main St, Jacksonville FL. The site consists of roughly 4,250 rentable square feet of building space on an estimated 1.1-acre parcel of land. This investment opportunity features a recently extended fifteen (15) year lease term with zero landlord responsibilities and is subject to four (4), five (5) year tenant renewal options. The current rent annual rent is $126,000 and is scheduled to increase by ten percent (10%) every five (5) years throughout the base term and option periods.
*The lease carries a natural percentage rent breakpoint of eight and a quarter (8.25%) percent above the minimum base rent.
✓ Recent 15 Year Lease Extension
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Planned Remodel As Part of Burger King’s “Reclaim the Flame” Initiative
✓ Attractive Rental Increases of Ten Percent (10%) Every Five (5) Years
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each
✓ Percentage Rent Provision (8.25% Natural Breakpoint)
NNN Pro Group is pleased to present the exclusive listing for a Caliber Car Wash located at 162 Eglin Pkwy NE. The site consists of roughly 2,373 rentable square feet of building space on an estimated 0.51-acre parcel of land. This Caliber Car Wash is subject to a 20-year absolute triple-net (NNN) lease, which commenced on March 1, 2022. The current annual rent is $195,895 and is scheduled to increase by 1.50% annually throughout the base term and in the 1, 5-year renewal option.
About the Investment:
✓ 20-Year Triple-Net (NNN): Long term 20-year absolute triple-net (NNN) lease. The lease has no landlord responsibilities.
✓ Corporate Guarantee: The lease will be subject to a Corporate Guarantee from Clydesdale Holdings LLC
✓ Attractive Rental Increases: The lease will feature one and one half (1.50%) rental increases annually that will continue through the base term and into the one, five-year tenant renewal option period.
✓ Potential Tax Benefits: May Qualify for 80% Bonus Depreciation
NNN Pro Group is pleased to present the exclusive listing for a Caliber Collision located at 27358 Centerline Dr in Wesley Chapel, Florida. The site consists of roughly 16,900 rentable square feet of building space and sits on 2.49 acres. The current annual rent is $359,972, which is scheduled to increase by 10% every five years throughout the base term and continuing through the two (2), five (5)-year tenant renewal options.
✓ Built to Suit For Caliber Collision in 2019
✓ Property Located In Income Tax Free State
✓ Brand New 15 Year NNN Lease Signed in 2019 | +/- 11 Years Remaining
✓ Rental Increases of Ten Percent (10%) Every Five (5) Years Throughout the Initial Term & Renewal Options
✓ Corporate Lease Guaranty | Over 1,700 Locations Nationwide True Triple Net | Zero Landlord Responsibilities
✓ Tenant Renewal Options: Two (2) Periods of Five (5) Years, Bringing the Potential Remaining Lease Term to Over 21 Years
NNN Pro Group is pleased to present the exclusive listing for a Cancer Care Centers of Brevard located at 215 Cone Road in Merritt Island, Florida. The site consists of roughly 6,744 rentable square feet of building space on estimated 0.75-acre parcel of land. This Cancer Care Center of Brevard is subject to a 5-year Double Net (NN) lease, which commenced June 26th, 2008. The current annual rent is $173,700 and is scheduled to increase variably between two (2%) and five (5%) percent throughout the base and extended term based on the Consumer Price Index. There are two (2), five-year (5) renewal options.
*For the period from June 25, 2026 through June 30, 2028, Tenant may, upon one hundred eighty (180) days’ written notice to Landlord, terminate the Lease.
About the Investment:
– Approximately ±5 Years Remaining on a Double Net Lease | Landlord Responsible for Roof & Structure
– Variable Annual Rental Increases Based on Consumer Price Index No Less than 2% and No More than 5% | Great Hedge Against Inflation
– Two (2), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 25 Years
The NNN Pro Group is pleased to present the exclusive listing for the Checkers located at 802 Lake Bradford Road in Tallahassee, Florida. The site consists of roughly 1,978 rentable square feet of building space on estimated 0.42-acre parcel of land. This Checkers is subject to a 20-year absolute triple-net (NNN) lease, which will commence on August 1st, 2022. The annual rent will be $117,265 and is scheduled to increase by two percent (2.00%) annually throughout the base term and in each of the 4, 5-year renewal options.
About the Investment:
✓ Long-Term, 20-Year Triple Net (NNN) Lease | Zero Landlord Responsibilities
✓ 2.00% Annual Rental Increases
✓ Four (4), Five (5)-Year Tenant Renewal Option Periods
✓ Award Winning Operator
✓ Excellent Unit-Level Sales
NNN Pro Group is pleased to present the exclusive listing for an El Car Wash located at 181 NW 180th Ave in Pembroke Pines, FL. The site consists of roughly 3,752 rentable square feet of building space on estimated 1.00-acre parcel of land. This El Car Wash is subject to a 20-year absolute triple-net (NNN) lease, which will commence at the close of escrow. The current annual rent is $405,000 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.
About the Investment:
✓ 20-Year Triple-Net (NNN) Lease: At Closing the Tenant will Execute A Brand New 20-Year Absolute Triple-Net Lease | Lease will Have No Landlord Responsibilities
✓ Corporate Guarantee: The Lease will be Subject to a Corporate Guarantee by El Car Washes 30+ Units
✓ Accelerated Depreciation: The Properties Qualify for 15-Year Accelerated Depreciation as well as Bonus Depreciation
NNN Pro Group is pleased to present the exclusive listing for an El Car Wash located at 2701 SW 137th Ave in Miami, Florida. The site consists of roughly 2,721 rentable square feet of building space on estimated 0.50-acre parcel of land. This El Car Wash is subject to a 20-year absolute triple-net (NNN) lease, which will commence at the close of escrow. The current annual rent is $405,000 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.
– 20-Year Triple-Net (NNN) Lease: At Closing the Tenant will Execute A Brand New 20-Year Absolute Triple-Net Lease | Lease will Have No Landlord Responsibilities
– Corporate Guarantee: The Lease will be Subject to a Corporate Guarantee by El Car Washes 30+ Units
– Accelerated Depreciation: The Properties Qualify for 15-Year Accelerated Depreciation as well as Bonus Depreciation
NNN Pro Group is pleased to present the exclusive listing for an El Car Wash located at 399 FL-436 in Altamonte Springs, FL. The site consists of roughly 1,440 rentable square feet of building space on estimated 0.88-acre parcel of land. This El Car Wash is subject to a 20-year absolute triple-net (NNN) lease, which will commence at the close of escrow. The current annual rent is $405,000 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.
About the Investment:
– 20-Year Triple-Net (NNN) Lease: At Closing the Tenant will Execute A Brand New 20-Year Absolute Triple-Net Lease | Lease will Have No Landlord Responsibilities
– Corporate Guarantee: The Lease will be Subject to a Corporate Guarantee by El Car Washes 30+ Units
– Accelerated Depreciation: The Properties Qualify for 15-Year Accelerated Depreciation as well as Bonus Depreciation
NNN Pro Group and Marcus & Millichap are pleased to present the exclusive listing for a LUV Car Wash located at 5500 Beach Blvd in Jacksonville, FL. The site consists of roughly 3,520 rentable square feet of building space on estimated 1.50-acre parcel of land. This LUV Car Wash is subject to a 20-year absolute triple-net (NNN) lease, which will commence at the close of escrow. The current annual rent is $362,500 and is scheduled to increase by 2.00% annually throughout the base term and in each of the 4, 5-year renewal options.
About the Investment:
– Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
– Two Percent (2.00%) Annual Rental Increases
– Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
– Full Corporate Guarantee from LUV Car Wash Holdings, LLC (75+ Units)
– Accelerated & Bonus Depreciation | Properties Qualify for Both 60% Bonus Depreciation & 15 Year Accelerated Depreciation
NNN Pro Group and Marcus & Millichap are pleased to present the exclusive listing for a LUV Car Wash located at 1718 Verdad St in Green Cove Springs, FL. The site consists of roughly 3,520 rentable square feet of building space on estimated 1.07-acre parcel of land. This LUV Car Wash is subject to a 20-year absolute triple-net (NNN) lease, which will commence at the close of escrow. The current annual rent is $327,375 and is scheduled to increase by 2.00% annually throughout the base term and in each of the 4, 5-year renewal options.
About the Investment:
– Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
– Two Percent (2.00%) Annual Rental Increases
– Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
– Full Corporate Guarantee from LUV Car Wash Holdings, LLC (75+ Units)
– Accelerated & Bonus Depreciation | Properties Qualify for Both 60% Bonus Depreciation & 15 Year Accelerated Depreciation
NNN Pro Group and Marcus & Millichap are pleased to present the exclusive listing for a LUV Car Wash located at 1555 Dunn Avenue in Jacksonville, FL. The site consists of roughly 4,231 rentable square feet of building space on estimated 0.89-acre parcel of land. This LUV Car Wash is subject to a 20-year absolute triple-net (NNN) lease, which will commence at the close of escrow. The current annual rent is $156,250 and is scheduled to increase by 2.00% annually throughout the base term and in each of the 4, 5-year renewal options.
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Two Percent (2.00%) Annual Rental Increases
✓ Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
✓ Full Corporate Guarantee from LUV Car Wash Group, LLC (75+ Units)
✓ Accelerated & Bonus Depreciation | Properties Qualify for Both 60% Bonus Depreciation & 15 Year Accelerated Depreciation
✓ A Portion of the Property is Subleased to Take 5 Oil Change | Contact Listing Brokers for More Details
NNN Pro Group is pleased to present the exclusive listing for the Mammoth Car Wash located at Kendall Drive in Miami, FL. The site consists of 3,500 total square feet of building space and sits on 0.58 acres of land. The site will be subject to a 20-year sale-leaseback with Mammoth Car Wash. The lease will call for 1.50% annual rental escalations during the base term and throughout the four, five-year renewal option periods.
✓ 20-Year Triple-Net (NNN) Lease: At Closing the Tenant will Execute A Brand New 20-Year Absolute Triple-Net Lease | Lease will Have No Landlord Responsibilities
✓ Corporate Guarantee: The Lease will be Subject to a Corporate Guarantee by Mammoth Holdings, LLC (100+ Unit Operator)
✓ Accelerated Depreciation: The Properties Qualify for 15-Year Accelerated Depreciation as well as Bonus Depreciation
✓ Rental Increases: The Lease will Include 1.50% Annual Rental Increases
NNN Pro Group is pleased to present the exclusive listing for a Mammoth Car Wash located at 2290 Fruitville Rd in Sarasota, Florida. The site consists of 3,500 total square feet of building space and sits on 1.0 acres of land. The site will be subject to a 20-year sale-leaseback with Mammoth Holdings, LLC. The lease will call for 1.50% annual rental escalations during the base term and throughout the four, five-year renewal option periods.
✓ 20-Year Triple-Net (NNN) Lease: At Closing the Tenant will Execute A Brand New 20-Year Absolute Triple-Net Lease | Lease will Have No Landlord Responsibilities
✓ Corporate Guarantee: The Lease will be Subject to a Corporate Guarantee by Mammoth Holdings, LLC (130+ Unit Operator)
✓ Accelerated Depreciation: The Properties Qualify for 15-Year Accelerated Depreciation as well as Bonus Depreciation
✓ Rental Increases: The Lease will Include 1.50% Annual Rental Increases
NNN Pro Group is pleased to present the exclusive net lease offering for the On Track Doors facility located at 914 Southeast 9th Street, Cape Coral, FL. The site consists of roughly 4,500 rentable square feet of building space on estimated 0.34-acre parcel of land. This On Track Doors facility will be subject to a 20-year absolute triple-net (NNN) lease that will commence upon the close of escrow. The initial annual rent will be $74,250 and is scheduled to increase by 2.00% annually throughout the base term and in each of the four (4), five (5)-year renewal options.
Brand-New 20-Year Sale-Leaseback
Triple-Net (NNN) Lease with Zero Landlord Responsibilities
Corporate Guaranty from On Track Partners
Attractive Hedge Against Inflation | 2.00% Annual Rental Increases
Four (4), Five (5)-Year Tenant Renewal Option Periods
On Track Doors Features One of the Only Fully Air-Conditioned Warehouses in the Immediate Area
NNN Pro Group is pleased to present the Prime Meridian Bank located at 1471 Timberlane Road in Tallahassee, FL. The site consists of roughly 14,727 rentable square feet of building space on an estimated 1.24-acre parcel of land. This property is subject to an absolute triple net (NNN), which expires on July 31, 2034. The current annual rent is $294,000 and is scheduled to increase by 10%every 5 years and in each of the option periods.
✓ Long-Term Absolute NNN Lease | Full Scale Exterior and Interior Renovations in 2020
✓ 15-Year Lease Signed in 2019 | Recast of a Long-Term Lease
✓ Prime Location | Several Anchor Tenants | Trader Joe’s, Publix, CVS, Hobby Lobby
✓ Excellent Ease of Access and Visibility Off Timberline Road and Thomasville Road|Great Exposure & Visibility
✓ As of 2023, This Prime Meridian Bank Reported Total Deposits Exceeding
$472,790,000, Reflecting its Robust Presence and Trust Among Customers
✓ 65% Of Deposit Market Share For The Entire Zip Code
✓ Compelling Demographics | Over 269,000 Individuals Residing Within a Ten Mile Radius
✓ Flagship Location | This Location Makes Up 63% Of Prime Meridian Banks Total Deposits
NNN Pro Group is pleased to present the exclusive offering for a Red Lobster located at 6401 Darter Court, in Fort Pierce, FL. The site consists of roughly 6,384 rentable square feet of building space on an estimated 2.14-acre parcel of land. This Red Lobster is subject to a long-term, absolute triple-net (NNN) lease, which commenced July 28, 2014. The current annual rent is $192,8081 and is scheduled to increase by 2.00% annually throughout the remainder of the base term and in each of the four (4), five (5)-year tenant renewal options.
About the Investment:
✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Over 20 Years Remaining on the Base Term
✓ Attractive Two Percent (2%) Annual Rental Increases
✓ Four (4), Five (5)-Year Tenant Renewal Options
✓ Red Lobster Corporate Guarantee (700+ Restaurants)
✓ Oversized 2.14 Acre Lot
✓ Florida – Income Tax Free State
NNN Pro Group is pleased to present the Red Lobster located at 32 Blanding Boulevard in Orange Park, FL. The site consists of roughly 8,032 rentable square feet of building space on an estimated 2.00-acre parcel of land. This property is subject to an absolute triple net (NNN), which expires on July 31, 2039. The rent is scheduled to increase by 2% annually every and in each of the option periods.
About the Investment
✓ Long-Term, Absolute Triple Net (NNN) Lease | Over 15 Years Remaining
✓ Orange Park Mall and Argyle Village Shopping Center Located Down the Road |Several Anchor Tenants
✓ World’s Largest Seafood Restaurant | Serving Customers in 11 Countries
✓ Corporate Guaranty | Over 640 locations in North America
✓ Strong Inflation Hedge | Attractive 2.0% Annual Increases
✓ Ideal Demographics | Population Exceeds 499,500 Within a Ten-Mile Radius
✓ Florida | Income Tax-Free State
NNN Pro Group is pleased to present the exclusive listing for a Red Lobster located at 8003 Golden Sky Ln in Orlando, FL. The site consists of roughly 7,677 rentable square feet of building space on an estimated 2.18-acre parcel of land. This Red Lobster is subject to a long-term absolute triple-net (NNN) lease, which commenced October 28th, 2015. The current annual rent is $361,274 and is scheduled to increase by 2.00% annually throughout the remainder of the base term and in each of the four (4), five (5)-year tenant renewal options.
About the Investment:
✓ Long-Term, Absolute Triple Net (NNN) Lease, Zero Landlord Obligations
✓ 15.5 Years Of Lease Term Remaining With 2.00% Annual Bumps
✓ Four (4), Five (5)-Year Tenant Renewal Options
✓ Corporate Tenant | Corporate Guarantee
NNN Pro Group is pleased to present the Red Lobster located 215 E Merritt Island Causeway in Merritt Island, FL. The site consists of roughly 8,336 rentable square feet of building space on an estimated 1.84-acre parcel of land. This property is subject to an absolute triple net (NNN), which expires on July 31, 2039. The rent is scheduled to increase by 2% annually every and in each of the option periods.
About the Investment
✓ Long-Term, Absolute Triple Net (NNN) Lease | Over 15 Years Remaining
✓ World’s Largest Seafood Restaurant | Serving Customers in 11 Countries
✓ Corporate Guaranty | Over 640 locations in North America
✓ Strong Inflation Hedge | Attractive 2.0% Annual Increases
✓ Long-Term Site History | Site Has Been in Operation Since 1973
✓ Recent Renovation | Site Underwent Extensive Renovations in 2012
✓ Florida | Income Tax-Free State
The NNN Pro Group is pleased to present the exclusive listing for the Red Lobster located at 803 S. University Drive, Plantation, FL 33324. The site will consist of roughly 7,978 rentable square feet of building space on an estimated 2.01-acre parcel of land. The Red Lobster is subject to an absolute triple-net (NNN) lease that commenced on 7/28/2014. The annual rent will be $489,161 in August 2024 and is scheduled to increase by 2% Annually throughout the base term and continuing through 4, 5-Year Renewal Options.
✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Over 20 Years Remaining on the Base Term
✓ Attractive Two Percent (2%) Annual Rental Increases
✓ Four (4), Five (5)-Year Tenant Renewal Options
✓ Red Lobster Corporate Guarantee (700+ Restaurants)
NNN Pro Group is pleased to present the exclusive listing for a Red Lobster located at 20 Towne Center Circle in Sanford, FL. The site consists of roughly 8,495 rentable square feet of building space on an estimated 2.57-acre parcel of land.
This Red Lobster is subject to a long-term absolute triple-net (NNN) lease, which commenced July 28th, 2014. The current annual rent is $385,142 and is scheduled to increase by 2.00% annually throughout the remainder of the base term and in each of the four (4), five (5)-year tenant renewal options.
✓ Long-Term, Absolute Triple Net (NNN) Lease, Zero Landlord Obligations
✓ 15.5 Years Of Lease Term Remaining With 2.00% Annual Bumps
✓ Four (4), Five (5)-Year Tenant Renewal Options
✓ Corporate Tenant | Corporate Guarantee
The NNN Pro Group is pleased to present the exclusive listing for the Red Lobster located at 230 Cypress Garden Blvd, Winter Haven, FL 33880. The site will consist of roughly 9,036 rentable square feet of building space on an estimated 2.07-acre parcel of land. The Red Lobster is subject to an absolute triple-net (NNN) lease that commenced on 7/28/2014. The annual rent will be $381,153 in August 2024 and is scheduled to increase by 2% Annually throughout the base term and continuing through 4, 5-Year Renewal Options.
About the Investment:
✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Over 20 Years Remaining on the Base Term
✓ Attractive Two Percent (2%) Annual Rental Increases
✓ Four (4), Five (5)-Year Tenant Renewal Options
✓ Red Lobster Corporate Guarantee (700+ Restaurants)
NNN Pro is pleased to present the exclusive listing for the SimonMed Anchored Medical Center located at 4800 & 4820 N Park Blvd, in Pinellas, Florida.
About the Investment
About the Location
NNN Pro Group is pleased to present the exclusive listing for a Synovus Bank located at 4000 20th Street in Vero Beach, Florida. The site consists of roughly 3,350 rentable square feet of building space on estimated 0.67-acre parcel of land. This Synovus Bank has just over two years reaming on an absolute triple-net (NNN) lease. The current annual rent is $165,500 and is scheduled to increase by 3% annually throughout the base term and in each of the 2, 5-year renewal options.
✓ Over Two (2) Years Remaining On an Absolute Triple Net (NNN) Lease
✓ Three Percent (3.00%) Rental Increases Annually
✓ Two (2), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 12+ Years
NNN Pro Group is pleased to present the exclusive listing for a Take 5 Car Wash located at 22431 in Panama City Beach, Florida. The site consists of roughly 4,115 rentable square feet of building space on estimated 1.42-acre parcel of land. This Take 5 Car Wash is subject to a 20-year absolute triple-net (NNN) lease, with over 18 years remaining. The current annual rent is $380,908 and is scheduled to increase by 2% annually starting in year 7 and throughout the base term and in each of the 4, 5-year renewal options.
✓ Original 20-Year Triple-Net (NNN) Lease: Over 18 Years of Base Term Remaining
✓ Corporate Guarantee: The Lease will be subject to Corporate Guarantees by Driven Brands Inc
✓ Accelerated and Bonus Depreciation: This Property Qualifies for 15-Year Accelerated Depreciation as well as Bonus Depreciation
✓ Rental Increases: The Lease features 2% Annual Rental Increases Starting in Year 7
NNN Pro Group is pleased to present the exclusive listing for a Take 5 Oil Change located at 385 North State Road 7 in Plantation, Florida. The site consists of roughly 1,318 rentable square feet of building space on estimated 0.30-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $110,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Systems, LLC
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options
About the Investment:
✓ 20-Year Triple-Net (NNN) Lease: At closing the tenant will execute a brand new 20-year absolute triple-net (NNN) lease. The lease will have no landlord responsibilities.
✓ Corporate Guaranty: The lease will carry a corporate guaranty from New Potato Creek Holdings, the corporate entity for Tidal Wave Auto Spa.
✓ Attractive Rental Increases: The lease will feature 2.00% annual rental increases that will continue through the base term and into the five, five-year tenant renewal option periods.
✓ Potential Tax Benefits: Qualifies for 80% Bonus Depreciation (please consult your CPA).
NNN Pro Group is pleased to present the exclusive listing for a Tire Kingdom located at 5530 SW College Rd in Ocala, FL. The site consists of roughly 6,938 rentable square feet of building space on estimated 1.50-acre parcel of land. This Tire Kingdom is subject to a 20-year absolute triple-net (NNN) lease, which commences upon close of escrow. The current annual rent is $200,000 and is scheduled to increase by 5% every 5 years throughout the base term and in each of the 6, 5-year renewal options.
About the Investment:
– Long Term 20-Year Sale-Leaseback
– Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
– Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
– Six (6) Tenant Renewal Periods of Five (5) Years Each
– Corporate Guarantee from Mavis Discount Tire | 2,000+ Locations
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 6300 Central Avenue, St. Petersburg, FL 33707. The site will consist of roughly 3,786 rentable square feet of building space on estimated 1.01-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $172,958 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 1, 3-Year Option & 5, 5-Year Options.
*Please Contact Listing Broker for Pricing Information*
About the Investment:
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 6 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ One (1), Three (3)-Year & Five (5), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 1470 West Granada Blvd., Ormond Beach, FL 32174. The site will consist of roughly 5,300 rentable square feet of building space on estimated 1.07-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $224,523 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 1, 3-Year Option & 5, 5-Year Options.
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 6 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ One (1), Three (3)-Year & Five (5), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 408 South U.S. Highway 41, Inverness, FL 34450. The site will consist of roughly 6,400 rentable square feet of building space on estimated 1.39-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $186,795 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 6, 5-Year Options.
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 4 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ Six (6), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 5025 West Colonial Drive, Orlando, FL 32808. The site will consist of roughly 12,340 rentable square feet of building space on estimated 2.63-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $187,911 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 6, 5-Year Options.
*Please Contact Listing Broker for Pricing Information*
About the Investment:
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 4 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ Six (6), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 200 East Fifth Avenue, Mount Dora, FL 32757. The site will consist of roughly 4,908 rentable square feet of building space on estimated 0.82-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $201,689 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 1, 3-Year Option & 5, 5-Year Options.
Please Contact Listing Broker for Pricing Information
About the Investment:
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 6 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ One (1), Three (3)-Year & Five (5), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 7879 West Commercial Blvd., Tamarac, FL 33351. The site will consist of roughly 4,000 rentable square feet of building space on estimated 1.33-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $170,302 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 1, 3-Year Option & 5, 5-Year Options.
*Please Contact Listing Broker for Pricing Information*
About the Investment:
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 6 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ One (1), Three (3)-Year & Five (5), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 314 East Eau Gallie Boulevard, Indian Harbour Beach, FL 32937. The site will consist of roughly 3,750 rentable square feet of building space on estimated 1.33-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $144,585 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 1, 3-Year Option & 5, 5-Year Options.
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 6 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ One (1), Three (3)-Year & Five (5), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 1301 NW St. Lucie West Blvd., Port St. Lucie, FL 34986. The site will consist of roughly 4,000 rentable square feet of building space on estimated 1.15-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $180,141 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 1, 3-Year Option & 5, 5-Year Options.
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 6 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ One (1), Three (3)-Year & Five (5), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 5727 Gantt Road, Sarasota, FL 34233. The site will consist of roughly 3,131 rentable square feet of building space on estimated 1.02-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $139,538 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 1, 3-Year Option & 5, 5-Year Options.
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 6 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ One (1), Three (3)-Year & Five (5), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 5303 Southwest 91st Drive, Gainesville, FL 32608. The site will consist of roughly 4,420 rentable square feet of building space on estimated 0.30-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $140,223 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 1, 3-Year Option & 5, 5-Year Options.
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 6 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ One (1), Three (3)-Year & Five (5), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 8226 North Wickam Road, Melbourne, FL 32940. The site will consist of roughly 9,269 rentable square feet of building space on estimated 1.27-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $198,685 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 1, 3-Year Option & 5, 5-Year Options.
Please Contact Listing Broker for Pricing Information
About the Investment:
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 6 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ One (1), Three (3)-Year & Five (5), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 113 East Granada Blvd., Ormond Beach, FL 32176. The site will consist of roughly 4,900 rentable square feet of building space on estimated 1.63-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $201,360 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 1, 3-Year Option & 5, 5-Year Options.
*Please Contact Listing Broker for Pricing Information*
About the Investment:
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 6 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ One (1), Three (3)-Year & Five (5), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 1409 East Atlantic Blvd., Pompano Beach, FL 33060. The site will consist of roughly 5,200 rentable square feet of building space on estimated 0.80-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $234,183 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 6, 5-Year Options.
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 4 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ Six (6), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 3301 Gulf Breeze Parkway, Gulf Breeze, FL 32563. The site will consist of roughly 5,200 rentable square feet of building space on estimated 1.68-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $150,550 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 6, 5-Year Options.
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 4 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ Six (6), Five (5)-Year Renewal Options
The NNN Pro Group is pleased to present the exclusive listing for the Truist Bank located at 299 Bill France Blvd., Daytona Beach, FL 32114. The site will consist of roughly 4,200 rentable square feet of building space on estimated 1.17-acre parcel of land. The Truist Bank is subject to an absolute triple-net (NNN) lease that commenced on 12/10/2007. The initial annual rent will be $177,924 and is scheduled to increase by one and one-half percent (1.50%) annually and continuing through 6, 5-Year Option.
✓ Absolute Triple-Net Lease (NNN)
✓ Approximately 4 Years Remaining
✓ One and One-Half (1.50%) Annual Rental Increases
✓ Six (6), Five (5)-Year Renewal Options
NNN Pro Group is pleased to present the exclusive listing for a Wendy’s located at 1520 N Broadway Ave in Bartow, Florida. The site consists of roughly 2,346 rentable square feet of building space on estimated 0.68-acre parcel of land. This Wendy’s is subject to a 20-year absolute triple-net (NNN) lease, which commences at the close of escrow. The current annual rent is $151,200 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 6, 5-year renewal options.
✓ Brand New 20-Year Sale Leaseback
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases | 10%/ 5 Years
✓ Six (6) Tenant Renewal Periods of Five (5) Years Each
NNN Pro Group is pleased to present the exclusive listing for a Wendy’s located at 3545 Lakeland Highlands Rd in Lakeland, Florida. The site consists of roughly 3,245 rentable square feet of building space on estimated 1.28-acre parcel of land. This Wendy’s is subject to a 20-year absolute triple-net (NNN) lease, which commences at the close of escrow. The current annual rent is $159,600 and is scheduled to increase by 10% every five years throughout the base term and in each of the 6, 5-year renewal options.
✓ Brand New 20-Year Sale Leaseback
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases | 10%/ 5 Years
✓ Six (6) Tenant Renewal Periods of Five (5) Years Each
