Commercial & Business Division
Boston Market - NNN – Vero Beach, FL
Price: Property Type: Occupancy: CAP: Rentable Area: Lot: NOI: Year Built: Annual Expenses: Term: Increases: Options: Guarantor: Extra: Location:
$2,000,000 Free Standing (1 Tenant) 100% 5.25% 3,052SF = 283m2 0.66AC = 2,671m2 $105,000 / year 1996 0 (Zero) NNN – Tenant Responsible for all expenses including Taxes and Insurance 9 Years remaining (until 03/07/24) 7% in 2021. 4 – 5 years Options (12% rent increase in every option) Corporate Guarantee – (Operates 475 restaurants in 25 States) Strong traffic counts of 43,500 vehicles per day on US1. Restaurant is in an ideal location along US Highway 1, which is a strong retail corridor.
Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof, and it is submitted subject to errors, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice.