Kohl’s Anchored Retail Center
|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
Phone: (352) 237-2222
Sanford, FL 32771 (Seminole County)
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Property ID 377945