
Financial Summary
Asking Price | $3,588,400 |
Cap Rate | 4.75% |
Net Operating Income (NOI) | $170,449 |
Lease Type | NNN |
Lease Term Remaining | 16 Years (New 15-Year Term Starts in 2020) |
Increases | 10% Every 5 Years |
Highlights
- New 16-year corporate lease
- Strong store sales
- Established location; 46,000 VPD pass the site
- Super Target outparcel
- Major retail corridor
- Located along major US Route 441
Net Lease Advisor
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Location
5720 Wiles Road
Ft. Lauderdale (Coral Springs), FL