Categories
NNN Leased
About this property
FEATURES:
- Sale Leaseback with Zero Landlord Responsibilities.
- Property Houses an Active Radio Broadcasting Station Tower.
- Twenty-Five Year Base Lease term with Two, Twenty-Five Year Renewal Options all with CPI annual Increases.
- Property Located in a very desirable residential neighborhood which could be used for Single Family Housing upon lease expiration.
LOT SIZE: 2.07 Acres
ZONING: (RS-6) Single-Family Residential District
R.E. TAXES: $1,421.04 (2022)
CAP RATE: 9%
SALE PRICE: $1,000,000
Property details
- Property Type
- Improved property
- Building Type
- Freestanding
- Building Size
- 100 sqft
- Land Size
- 2.07 acres
- Zoning
- RS-6 Single-Family Residential
Location
- Address
-
3140 10th Place
Vero Beach, Florida 32960