Listing Details
PRICE: $1,775,819
CAP RATE: 6.65%
NOI: $118,092
LEASE TERM: 15-Years
LEASE TYPE: Absolute NNN Lease
RENT COMMENCEMENT: 12/20/2023
END OF 15 YEAR TERM: 12/31/2038
RENTAL INCREASES: 10% at the start of each option
RENEWAL OPTIONS: (5) 5-Year Options
BUILDING SIZE: 10,640 SF
YEAR BUILT: 2024
MUNICIPALITY: Allendale County
GUARANTOR: Corporate
ESTIMATED STORE OPENING: January 2024
Property Photos
