1007 US Highway 41
Inverness, FL
Price:
$9,192,000
Cap Rate:
5.10%
NOI:
$468,762
Building Size:
Approx. 3,476 Sq. Ft.
Lot Size:
Approx. 1.52 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2020
Investment Overview
- 2020 Construction. 3,476+/- SF Building on 1.52+/- Acre Site
- 10 Years Left on Abs. NNN Corp. Lease with 10% Rental Increases Every 5 Years in Primary Term and (4) 5-Year Options
- Attractive Tax Advantages via reinstated Bonus Depreciation
- Strong Corner Location Along Two of the Regions Major Thoroughfares with a combined 50,000+ Vehicles Per Day
- Neighbors Publix Anchored Shopping Center w/ Several National Credit Tenants (AT&T, Panera, Jersey Mikes, Spectrum & More)
- 7-Eleven Is the Largest Convenience Retailer in the World with 85,000+ Stores in 20 Countries
- Inverness, FL | 70 miles Northwest of Orlando and 65 Miles North of Tampa | Population: 7,281+