SINGLE TENANT ABSOLUTE NNN
699 MAYPORT CROSSING,
ATLANTIC BEACH, FL 32233
WENDY'S
5.00%
CAP RATE
3,040
Building SF
$99,909
NOI
.789
Land Acres
NNN
Lease Type
1988
Year Built
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5.00%
CAP RATE
3,040
Building SF
$99,909
NOI
.789
Land Acres
NNN
Lease Type
1988
Year Built
INVESTMENT HIGHLIGHT
Absolute NNN- Zero Landlord responsibility- every cost paid by the tenant.
Amazing 1.5% Max CPI yearly increases in base rent and options
Strong Corporation Guarantee Wen South LLC a subsidiary of Meritage Group
Still 8 years remaining + four 5 years option
Strong National Brand, Strong operator.
LOCATION HIGHLIGHT
Signalized in a hard corner
To the east approximately 800 feet as the crows fly are the beautiful white sandy beaches of Atlantic Beach
To the North approximately 2 miles is where the St. Johns River and inter-coastal meets the Atlantic Ocean
To the West is the inter-coastal waterways
To the South is Fleet Landing a full service retirement community on approximately 100 acres.
FOR MORE DETAILS CONTACT
Isabel Salcedo
Realtor Associate Commercial Division
(305) 940-6611
isabel@eliteinternational.com
0708561
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