Available For Sale - Retail

2,915 SF | Show Pricing $

AVAILABILITY DETAILS

Size
2,915 SF
Price/SF
Show Pricing $
Listing ID
SA398541
Notes
"• Cap Rate 5.35%

• NOI $215,000

• Building Size 2,915 sqft

• Lot Area 0.48 acres

• Lease Type Triple Net

• Year Built 2019

• Price Per Sqft $1,378.63

• Roof & Structure Tenant’s Responsibility

• HVAC Tenant’s Responsibility

• Repairs & Maintenance Tenant’s Responsibility



HIGHLIGHTS

• New 20 Year Triple Net (NNN) Lease With Zero Landlord Responsibilities

• Corporately Guaranteed By Krispy Kreme Corporation With Over 1,400 Locations in 34 Countries

• Brand New Construction Prototype Building With a Drive-Thru

• Strong Increases – 10% Every 5 Years

• Excellent Demographics – Population of Over 41,437 Residents Making an Average Household Income of $58,309 Within a 3-Mile Radius

• Just Minutes North of the Pensacola International Airport Serving Almost 2 Million Passengers Annually

• Florida is an Income Tax Free State"
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Will Schuhmacher, Sands Investment Group