|Net Operating Income (NOI)||$275,000|
|Lease Term Remaining||20|
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- Rare 20-year renewal on a high-performing store
- Generating 20k VPD, shadow parcel to Publix anchored shopping center
- Strong credit and brand recognition - S&P credit rating of AA-
- Fee simple ownership
- Seller has a full set of diligence reports from 2021 available for Buyer
- Florida is an income tax free state
- Strong 5-mile demographics of 72,240+ residents. Impressive historical growth rate of 15.92% (2010-2020) with an anticipated 7.15% growth in the coming 5 years
Net Lease Advisor
For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.
3505 Bayside Lakes Blvd
Palm Bay, FL