commercial real estate property for sale medexpress estero florida nnn single tenant the ben-moshe brothers

MedExpress 10-Year Absolute Triple-Net (NNN)

place 19975 S Tamiami Trail, Estero, Florida, 33928

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EXECUTIVE SUMMARY

LIST PRICE $3,790,476
CAP RATE 5.25%
INCREASES 10% Every 5 Years
LEASE TERM 10 Years
OPTIONS Three 5-Year Options
LOT SIZE Approx 1.25 ACRES
TYPE OF OWNERSHIP Fee Simple
GUARANTY Corporate
TRAFFIC COUNTS Over 40,000 Cars Per Day

INVESTMENT DESCRIPTION

The Ben-Moshe Brothers of Marcus & Millichap are pleased to present this MedExpress property paired with an absolute net 10-Year lease with zero landlord responsibilities. MedExpress is an urgent care center that provides immediate walk-in treatment for illnesses and injuries, wellness exams, and employer health services.

INVESTMENT HIGHLIGHTS

    Brand New Construction
    Brand New 10-Year Lease
    Absolute Triple-Net
    Zero Landlord Responsibilities
    Signalized Intersection
    Tax Free State
    10% Bumps Every Five Years
    Out Parcel To New Walmart Super Center
    Over $70,000 Average Household Income - 1 Mile Radius
    Ranked #6 Of Fortune 500 Companies
    43% Projected Job Growth In Next 10 Years
    17% Household Growth Since 2000
    67% Population Increase Since 2000
    Over 50,000 Vehicles Per Day At Intersection

Exclusive Listing


the ben-moshe brothers of marcus millichap commercial real estate nnn caprates bmb roee ben moshe leeor ben moshe
Roee Ben-Moshe
  786-522-7083
  404-683-8383
  Email

the ben-moshe brothers of marcus millichap commercial real estate nnn caprates bmb roee ben moshe leeor ben moshe
Leeor Ben-Moshe
  786-522-7059
  404-307-7515
  Email

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