Central Florida Absolute NNN Kohl’s Ground Lease

$15,800,000.00
Call Now for More Information:
1-352-237-2222

Description

Kohl’s Anchored Retail Center

Price $15,800,000 Cap Rate 5.50%
Building Size 99,822 SF Tenancy Single
Price per SF $158.28 Year Built 2007
Property Type Retail Lot Size 10.74 AC
Property Sub-type Free Standing Building APN / Parcel ID 19-30-32-506-0000-0050
Property Use Type Net Lease Investment with 10+ years left on lease

 

Net Lease Property Description

This is an offer for sale to qualified investors, the opportunity to purchase an absolute NNN Kohl’ s ground lease property located at 1371 Rinehart Road in Sanford (Orlando MSA), Florida. Kohl’ s is strategically located in a major retail corridor off of Interstate 4 and near a 1.1 million SF regional mall Seminole Towne Center. The corporate guaranteed lease has eleven (11) years remaining and 10% increases every five years during the six (6), five (5) year options.

Sanford is a port city in the central region of Florida. It is the county seat of Seminole County. As of the 2010 census, the city had a population of 53,570. It is a principal city of the Orlando Kissimmee Sanford, FL Metropolitan Statistical Area, which was home to 2,267,846 people as of the 2013 census.

Highlights of Investment Property

  • Investment Grade Credit
  • Absolute NNN Ground Lease
  • Long Term Lease
  • Strong Retail Trade Area
  • Tax Free State
  • Excellent Demographics

 

Contact us for Commercial Properties For Sale in Florida.

O’Reilly Commercial Realty LLC
Patrick O’Reilly
Phone: (352) 237-2222
Email: OreillyCommercialRE@gmail.com

Sanford, FL 32771 (Seminole County)

Listing information courtesy of Stan Johnson Company. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, solely to identify potential properties for potential purchase.

Property ID 377945

Area of Florida

Location

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