Reviewing the best single tenant deals daily
This is a corporate guarantee deal from Verizon. I like that this is so close to a Target, Chick-Fil-A and other good retail. Wireless stores tend to pay high rent. There are 5 years left on the lease and this is likely the highest and best use. I love that this was originally developed as a fast food deal beacuse if you did ever have to re-tenant this is already permitted. A Fast food drive thru will pay less rent, but this is good intrinsic real estate for a single tenant property.
Verizon - Corporate
Address: EXAMPLE EXAMPLE TALLAHASSEE, FL 32303
Price: $EXAMPLE
Cap Rate: 7.00%
Lot Size: 1.30 Acre
What I like: Excellent Real Estate, Tallahassee is a solid market, tax free state, 54K+ People Within 3 Miles
What I don’t like: NN+ Lease (LL Responsible For Roof & Structure)
