Commercial & Business Division
NNN - New Port Richey, FL (Tampa)
Price: Property Type: Occupancy: CAP: Rentable Area: Lot: NOI: Year Built: Annual Expenses: Term: Extensions: Increases: Guarantor: Extra: Location:
$1,249,000. Free Standing (1 Tenant) 100% 5.0% + Percentage Sales 2,416SF = 225m2 29,268SF = 2,719 m2 $61,650 / year + Percentage Sales 1994 0 (Zero) NNN – Tenant Responsible for all expenses including Taxes and Insurance 20 Years Contract (Until June 2031) 16 Years Remaining 3 options of 5 years 2% every year PJAA Restaurant Holdings (More than 77 Restaurants) Outparcel to Sam’s Club, Excellent Store level sales, low rent to sales ratio Prime location along heavily traveled artery US highway 19. Great frontage, visibility and access.
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.