Badcock Home Furniture & More
Single-Tenant Offerings
Badcock Home Furniture & More
14 R. Hickory Street
Arcadia (Fort Myers MSA), FL
- Price:
- $3,741,000
- Cap Rate:
- 6.75%
- NOI:
- $252,544
- Rentable SQFT:
- 15,555 SF
- Year Built:
- 1952/1995
- Lot Size:
- 0.57 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- New 13-Year Absolute NNN Lease, Zero Landlord Responsibilities
- 2% Annual Rental Increases Beginning in Year 3
- Strong Franchisee Guaranty with 17-Units
- Signalized, Hard-Corner Intersection with 24,900 Cars/Day
- 21,600+ Residents and 8,500+ Employees within a 5- Mile Radius
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