Brand New 10yr Absolute NNN Corporate Lease with 10% Bumps Every 5-years and Zero Landlord Responsibilities. Located on the Border to The Villages (World's Largest 55+ Active Adult Community). The Property has excellent visibility/access with direct frontage on Hwy 441/27 - Main Commercial Corridor with traffic counts of 37,500 VPD and next to Lowe's, Publix, and across from The Villages Regional Hospital. The Villages is the Fastest-Growing U.S. City for the 2nd Year in a Row.
Lady Lake, FL , December 8, 2015 (Newswire.com) - Brand new 10 year Absolute NNN Corporate Mattress1One located in Lady Lake (directly across from The Villages), FL. Asking price is $2,600,000 / 6.0% CAP and there are 10% rent increases every 5-years. The Lease is absolute NNN with zero Landlord Obligations. The sale includes BOTH building & land - LL benefits from depreciation (not a ground lease). The property is currently under construction with an anticipated Rent Commencement/CO of Feb 2016.
This 5,204± SF Mattress1One is situated on the Border to The Villages - The World's Largest 55+ Active Adult Community. It has direct Frontage on Hwy 441/27 - Main Commercial Corridor with traffic counts of 37,500 VPD. It's next to Lowe' s, Publix, Bealls, Walgreens, Wells Fargo, Chase Bank, Dunkin Donuts, Denny' s, ALDI, The Villages Regional Hospital and much more. The Villages is the Fastest-Growing U.S. City for the Second Year in a Row and has an occupancy rate of 96.9%.
Mattress 1 One has almost 200 stores conveniently located throughout Florida & Texas.
Visit www.solidinvestmentsfl.com for more information.
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