Triple-Net Nnn for Sale in Leesburg, Fl, Florida, USA
1,933,000 USD
(Negotiable)

Triple-Net Nnn for Sale in Leesburg, Fl, Florida, USA

Commercial Property Nnn - Take 5 Oil Change Business

Asking Price: 1,933,000 USD
(Negotiable)
Triple-Net (NNN) Commercial Properties - The tenant is responsible for the 3 key expenses of the property:

- Property tax, insurance and maintenance.
- Long-term lease.
- Increasing rent over the lease term.
- No management is necessary

TAKE 5 Oil Change located in Leesburg, FL

Price US $1,933,000.00 / CAP: 6.00% / NOI (Net Operating Income): US $116,000

Year Built: 2023
Building Area: Approx. 1,438 Sq. ft = 134 m²
Lot: Approx. 51,837 Sq. ft = 4,816 m²

Contract Terms: 15 years contract - 8/1/2023 to 7/31/2038
Increases: 10% every 5 years
Extensions: Four (4) options of Five (5) years