NNN Pro Group is pleased to present the exclusive listing for an EquipmentShare located at 40 Venture Dr. Stafford, VA 22554. The site consists of roughly 7,700 rentable square feet of building space on estimated 3.54-acre parcel of land. This EquipmentShare is subject to a 15-year absolute triple-net (NNN) lease, which commenced October 1st, 2021. The current annual rent is $332,910 and is scheduled to increase by 1.7% every year commencing on year 6 throughout the base term and in each of the 2, 5-year renewal options.
✓ Long-Term, New 15-Year Absolute Triple Net (NNN) Lease
✓ Approximately 13.3 Years Remaining
✓ 1.7% Rental Increases Annually Commencing on Year 6
✓ Two (2), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 25 Years