Investment Highlights
- New, 10-Year, Corporate Guaranteed Lease with 20- Year Roof Warranty
- Brand New Construction
- Two, Five-Year Renewal Options with 10 Percent Increases Every Five Years
- Located on State Road 54, with a Traffic Count of More Than 46,000 Vehicles Per Day
- Surrounding Retailers Include Publix, Walmart Supercenter, Dollar General, Outback Steakhouse, Bonefish Grill, Wells Fargo and Many More
- Tenant Publicly Traded on NASDAQ
Investment Overview
The Tire Choice located at 10627 State Road 54 in New Port Richey, has a new, 10-year, corporate guaranteed lease and a 20-year roof warranty. Brand new construction; this property is opening Summer 2018. There are two, five-year renewal options and 10 percent rental increases every five years throughout the base term and option periods.
The Tire Choice is located on State Road 54, with a traffic count of more than 46,000 vehicles per day. Surrounding national retailers include Walmart Supercenter, Publix, Dollar General, CVS, Outback Steakhouse, Bonefish Grill, McDanald’s, Taco Bell, Coldstone Creamery, Wells Fargo and many more.
