Checkers, Tampa Florida

Price: $1,485,000 ?
Property Type: Free Standing (1 Tenant) ?
Occupancy: 100% ? CAP: 5.40% ?
Building Area: 718 SF = 66 m2 ?
Lot: 25,760 SF = 2,4000 m2 ?
Year Built: 1990 ? Annual Rent: $80,000/ year ?
Annual Expenses: 0 (Zero) NNN – Tenant responsible for all expenses including insurance and property tax ? Contract Terms: 20 Years Contract (Until 12/31/2024) – 8.5 years remaining ? Extensions: 2 – 5 years options Increases: 10% every 5 years (Next 2019) ?
Guarantor: Corporate (873 Stores) – See on 2nd Page ?
Location: Highly Visible Location, One Mile from University of South Florida (47,000 Students)