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Tags: Florida Clear

6001 North University Drive Tamarac, FL 33321 Investment Highlights New, 10-Year, Triple Net (NNN) Lease With 3% Annual Rent Increases Brand New Location, Property is Being Renovated by Tenant and Scheduled to Open Summer 2023 Cap Rate Moves to 6.95% on October 1, 2023 Average Cap Rate of 7.74% During Base Term of Lease Building Includes Multiple Drive-Thru Lanes Used by Former Bank Cresco Labs Has One of the Biggest Footprints in the U.S. and Growing With 55 Owned Dispensaries Across 10 States High Traffic Area, Excellent Access and Visibility to Approx. 61,000 Vehicles Daily on University Drive | Close…

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13135 US Highway 301 Dade City, FL 33525 Investment Highlights Brand New, Long-Term, Triple Net (NNN) Sale Leaseback with Full Term Remaining Lease Expiration is 20 Years from Close of Escrow Re-Image to Building Completed by Franchisee in 2022 (see page 7 of offering memorandum for all upgrades) Lease is Guaranteed by Starboard Group of Tampa and Includes 10 Units 5 Percent Rent Increases Every Five Years Throughout Base Term and Option Periods Available Separately or as Part of a Three-Property Portfolio Experienced Franchisee with Approximately 73 Wendy’s Units | Multi-Brand Operator With Restaurants Across Alabama, Florida, Illinois, Missouri, Louisiana,…

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Wendy’s Cape Canaveral, Florida
$2,630,750

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8440 Astronaut Blvd. Cape Canaveral, FL 32920 Investment Highlights Brand New, Long-Term, Triple Net (NNN) Sale Leaseback with Full Term Remaining Lease Expiration is 20 Years from Close of Escrow | 7.5 Percent Rent Increases Every Five Years Throughout Base Term and Option Periods Lease is Guaranteed by Starboard Group of Space Coast and Includes 23 Units Building Will Be Remodeled by Tenant In Calendar Year 2024 Available Separately or as Part of a Three-Property Portfolio Experienced Franchisee with Approximately 73 Wendy’s Units | Multi-Brand Operator with Restaurants Across Alabama, Florida, Illinois, Missouri, Louisiana, Wisconsin and Texas Excellent Access and Visibility…

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Dollar General Yulee, Florida
$1,501,000

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850777 US Highway 17 Yulee, FL 32097 (Jacksonville MSA) Investment Highlights Corporate Guaranteed, Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities Four, Five-Year Tenant Renewal Options With Rent Increases in Option Periods Dollar General is a NYSE Rated Company: BBB Credit – Considered to be Investment Grade Rating As of March 2023, the Company Operates More Than 19,000 Stores Across 47 States Located Near the Intersection of Highway 17 and Florida State Road A1A With a Combined Traffic Count of 43,000 Vehicles Close Proximity to Interstate 95 Which Connects the Area 10 Miles North to the Georgia State Line…

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Dollar General Middleburg, Florida
$1,320,557

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5076 County Road 218 Middleburg, FL 32068 Investment Highlights Corporate Guaranteed, Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities Four, Five-Year Tenant Renewal Options With 10 Percent Rent Increases Every Five Years Dollar General is a NYSE Rated Company: BBB Credit – Considered to be Investment Grade Rating As of March 2023, the Company Operates More Than 19,000 Stores Across 47 States Centrally Located Between Jacksonville (26 Miles NW), Gainesville (49 Miles South) and St. Augustine (46 Miles East) Within Walking Distance from Wilkinson Elementary School & Wilkinson Jr. High School – Combined Serve More Than 1,400 Students Nine…

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7010 Cypress Terrace Fort Myers, Florida 33907 Investment Highlights Long-Term, Triple Net Lease With Two Percent Annual Rent Increases Throughout Base Term and Option Periods Property Includes a Drive-Thru Lane Verano is a Top Five Multi-State Operator in the U.S. Based on Revenue, One of the Largest and Most Established in the Industry | Verano has 127 Operating Retail Locations and More Than 4,000 Employee Excellent Access and Visibility to More Than 52,500 Vehicles Daily on Tamiami Trail/US Highway 41 Average Household Income is $85,859 in Three Miles of Property, and $95,897 in Five Miles Population is Nearly 135,000 in…

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