TRIPLE NET LEASE INVESTMENT PROPERTY

TRIPLE NET LEASE INVESTMENT PROPERTY
July 18, 2014 @d_Min_CahoonComm

SOLD

This is a triple net, single tenant property that begins at a 11% cap, with annual increases in the rental amounts of 3.5%, resulting in a cap rate of over 12% within 4 years, and over 13% within 7 years – Fortis College is a national educational based tenant on long term lease – located on high traffic road in Largo – $ 4,900,000.

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