Church Chicken NNN-Melbourne FL

 

  • Price: US $ 3,564,000
  • Property Type: Free standing                    
  • Occupancy: 100%
  • CAP: 6.00%
  • Building Area: approx. 1,850 SF = 171.87m²
  • Lot:  approx. 0.86SF = 171.87m²
  • NOI: US $ 213,816
  • Annual Expenses: 0 (Zero) NNN- Tenant responsible for all expenses including property tax, insurance and maintenance
  • Contract Terms: 20 years New
  • Increases: 2.00% annually
  • Extensions: 3 of 5 years
  • Guarantor: Goalz Restaurant, LLC and Two high net worth individual
  • Extra: Located on a very busy retail area.