Perfect opportunity for 1031 Exchange- located in prime business park with 9 years left on NNN Lease with options for Neff Rental company location which provides construction companies, golf course developers, industrial plants, the oil industry, and governments with reliable and quality construction equipment. 8 cap. Priced to sell. Call for additional details.
NEFF RENTAL COMPANY LOCATED IN TRIPLE DIAMOND BUSINESS PARK 109 BLUEGRASS COURT NOKOMIS, FLORIDA 34275 9 YEARS LEFT ON NNN LEASE WITH OPTIONS PRICED TO SELL AT AN 8 CAP Unit Size 7,920 S.F. 2.11 Acres Zoned PID Term (years) 15 Options Three, five year options Base Rent $199,116 Base Rent/S.F. $25.14 Current Rent $199,116 Current Rent/S.F. $25.14 Escalations Flat for initial term; 10% increases in each option Lease Structure Triple net lease Commencement December 1, 2007 Expiration November 30, 2022 OFFERING PRICE $2,490,000 - Tenancy: Single Tenant
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