Dunkin’ Donuts NNN Absolute Leased Offering 515 Kings Street, Cocoa, FL Cap Rate 5% Cocoa ( Florida, US ) Built

$1,700,000 USD
Dollars

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  • Type: Commercial
  • Style: Commercial
  • Size: 1,600 sq. ft.
  • Development Level: Built
  • Lot Size: 0.6 acres
  • Year Built: 2018

Description

Dunkin’ Donuts NNN Absolute Leased Offering 515 Kings Street, Cocoa, FL Cap Rate 5%

Cap Rate: 5%
NOI: $85,000
Building Size: 1,600 sqft
Lot Area: 0.6 acres
Lease Type: Absolute Net
Year Built: 2018

Price: $1,700,000 USD

DESCRIPTION
Garito and Company is pleased to offer for sale a 100% fee simple interest the newly constructed, free-standing Dunkin’ Donuts with drive-thru located at 515 Kings Street, Cocoa, FL. The location will be open Q2 of 2018 and will be sold with a 20-year NNN lease term, no landlord responsibilities and rent steps every 5 years. The Property is strategically located on the highly traveled Kings Street (State Road 520) between I-95 and Cocoa Beach.

HIGHLIGHTS
• Long Lease with Great Terms - 20 Year absolute NNN with steps every 5 years
• Strategic Location - On the highly traveled SR 520 on the way to Cocoa Beach
• Great Visibility
• Traffic Generating Neighbors
• Strong Operator
• Brand New Construction

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

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Information is deemed to be correct but not guaranteed.