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Nations Auto Glass - 15 Year Absolute NNN

Nations Auto Glass - 15 Year Absolute NNN

46k VPD | Hard Corner Location

Lakeland, Florida

$2,336,000

Price

6.25%

Cap Rate

$146,000

NOI


Investment highlights

  • New 15-Year Absolute NNN lease with 10% rent increases every 5 years
  • Full renovation underway, significant tenant investment into property
  • High Growth Market: Projected 2.7% annual population growth through 2030
  • Established National Operator with 19 Locations across 5 states
  • 30+ year seasoned location with strong financial performance
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