PRICE: $2,879,000
CAP RATE: 4.50%
NOI: $129,548
RENTABLE SQFT: 4,920
YEAR BUILT: 2017
LOT SIZE: 2.30 +/- Acres
LEASE TYPE: Ground Lease
INVESTMENT HIGHLIGHTS
- 20-Year Absolute NNN Ground Lease
- Corporate Guaranty by Couche-Tard, Rated BBB by S&P
- 5% Increase in Year 11 and Every 5 Years Thereafter
- Brand New 2017 Construction
- 134,556 Residents in Growing Trade Area
- Average HHI Exceeds $53,000 within 5 Miles
- Highly Visible to 50,200 Cars/Day at Signalized Intersection
- Just Off I-4 with 102,000 Cars/Day, Direct Access to Tampa and Orlando
- Directly Across from LRH Medical Center with 5,500 Employees, Florida’s 5th Largest Hospital
- ¼ Mile to Watson Clinic’s 259,000 SF Medical Campus
- 80,034 Employees within 5 Miles, Strong Daytime Population
- 3 Miles South of 890,000 SF Lakeland Square Mall Anchored by Cinemark, H&M, Burlington Coat, Dillard’ s, and J.C. Penney
- 1 Mile to Detroit Tigers Spring Training Stadium and Home to its Minor League Affiliate, Just Completed $48 Million Renovation
- Close Proximity to Several Schools with 19,202 Students
- Minutes to Publix Headquarters and its 1 Million SF Distribution Facility, 8,200 Employees in Lakeland
- 30 Miles to Tampa and 50 Miles to Orlando
| Price: | $2,879,000 |
| City: | Lakeland |
| State: | FL |
| Zip Code: | 33805 |
| Year Built: | 2017 |
