
Listing Price: | $2,895,000 | |
CAP Rate: | 5.35% | |
Lot Size: | 0.71 Acres | |
Price per SF: | $353.05 | |
Year Built: | 1989 | |
Rentable SF: | 8,200 SF |
Listing Price: | $2,895,000 | |
CAP Rate: | 5.35% | |
Lot Size: | 0.71 Acres | |
Price per SF: | $353.05 | |
Year Built: | 1989 | |
Rentable SF: | 8,200 SF |
NET LEASE AND INVESTMENT SUMMARY
LOCATION SUMMARY
PROPERTY DESCRIPTION
Marcus & Millichap is proud to exclusively market tthe Verizon single tenant net leased investment property situated in Casselberry, FL a densely populated Orlando Suburb. The 8,300 SF building is located on high traffi c Semoran Boulevard with an average daily traffi c count over 75,000 vehicles. The lease is guaranteed by Cellular Sales of Knoxville, Inc., the largest Verizon franchisee in the country with over 770 locations. The lease has aggressive 12.5% base rental increases, with the next increase coming in two and a half years.
Office: (786) 522-7086
Fax: (786) 522-7010
5201 Blue Lagoon Dr., Suite 100
Miami, FL 33126 - Directions
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