Commercial & Business Division
NNN – Clermont - Orlando, Florida
Price: Property Type: Occupancy: CAP: Rentable Area: Lot: NOI: Annual Expenses: Term: Options: Increases: Guarantor: Location: Extra:
$5,290,000 Free Standing (1 Tenant) 100% 5.60% 13,813 SF = 1,285 m2 2.13 AC = 8,620 m2 $296,251 / year 0 (Zero) NNN – Tenant Responsible for all expenses including Taxes and Insurance 20 Years Contract (Until 06/2024) 9 years remaining 4 - 5 years Options 2.5 % every option Corporate (+7,500 retail stores over US), Website www.cvs.com (Net Worth: $74 Billion) Located on a busy plaza entrance (64,000vpd), surrounded for a national tenants. Large lot Long Term, absolute NNN, corporate guaranty
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.