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
For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.
Location
5720 Wiles Road
Ft. Lauderdale (Coral Springs), FL
