Last updated on November 24th, 2024

Absolute NNN - 6.41% Cap Rate

$5,430,000

8550 Napolo Dr, Viera, Florida 32940


Documents
  • Walk Ons - 8550 Napolo Drive Melbourne, FL 32940.pdf (11.0 MB)   view   download
Building Size7,489 Square Feet
Land Size2.69 Acres
ZoningPUD
Year Built2021

Curri Commercial LLC is pleased to offer the opportunity to acquire an absolute NNN, freestanding investment property located in thriving Viera (Melbourne), Florida. The tenant, Walk-On's Sports Bistreaux, was named Entreprenuer's #1 "Top New & Emerging Franchises" in 2020 with 66 locations across 13 States and 11 coming soon. Terms include: 10-year initial lease, 5% increases every 5 years, two 5-year options to renew at 5% every 5 years, $29,000 monthly, and property taxes, insurance, repairs and maintenance, common area maintenance, roof and structure all Tenant responsibility. This 6.41% cap investment, high volume Tenant, ideally located in the 13th ranked Master-Planned Community in the US with 58% population growth since 2010, is truly one you do not want to miss!

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