TRIPLE NET LEASE INVESTMENT PROPERTY $4,900,000.

TRIPLE NET LEASE INVESTMENT PROPERTY $4,900,000.

Smith_logo_1Property #INL089 – SOLD

This is a triple net, single tenant property that begins at a 11% cap, with annual increases in the rental amounts of 3.5%, resulting in a cap rate of over 12% within 4 years, and over 13% within 7 years – Fortis College is a national educational based tenant on long term lease – located on high traffic road in Largo – $ 4,900,000.

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