Badcock Home Furniture & More
Single-Tenant Offerings
Badcock Home Furniture & More
594 US HIghway 27
Lake Placid, FL
- Price:
- $3,067,000
- Cap Rate:
- 6.75%
- NOI:
- $207,000
- Rentable SQFT:
- 20,346 SF
- Year Built:
- 2003
- Lot Size:
- 1.12 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- New 15-Year Absolute NNN Lease, Zero Landlord Responsibilities
- 2% Annual Rental Increases Beginning in Year 3
- Strong Franchisee Guaranty with 17-Units
- Adjacent to Publix and Bealls Outlet Anchored Center
- Average HH Income Exceeds $65,000 in a 5-Mile Radius
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