Badcock Home Furniture & More
Single-Tenant Offerings
Badcock Home Furniture & More
1480 NW 25th Ave.
Chiefland (Gainesville MSA), FL
- Price:
- $2,890,000
- Cap Rate:
- 6.75%
- NOI:
- $195,059
- Rentable SQFT:
- 13,003 SF
- Year Built:
- 2002/2006
- Lot Size:
- 2.41 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Under Contract
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
- Located Along U.S. Highway 98 with 14,200 Cars/Day
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