Triple Net - Nnn for Sale in Ocoee, Florida, USA
6,312,000 USD
(Negotiable)

Triple Net - Nnn for Sale in Ocoee, Florida, USA

Commercial Property Nnn - Walgreens Pharmacy Business

Asking Price: 6,312,000 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

Walgreens Pharmacy located in Ocoee, FL

Price: US $6,312,000.00 / CAP 5.40% / NOI US $340,860

Year Built: 2010
Building Area: Approx. 14,820 Sq. ft = 1,377 m²
Lot: Approx. 58,806 Sq. ft = 5,463 m²

Contract Terms: 15 years of contract
Increases: 5% every 5 years on base contract and options
Extensions: Twelve (12) extensions of Five (5) years