KFC/TACO BELL, Port Richey, Tampa, Fl

Price: $2,200,000
Property Type: Free Standing (1 tenant – 2 Concepts) ?
Occupancy: 100% ?
CAP/Return: 5.70% ?
Rentable Area: 3,258SF = 303m2 ?
Lot: 33,461SF = 3,110 m2 ?
NOI: $125,203 ?
Annual Expenses: 0 (Zero) NNN – Tenant responsible for all expenses including Taxes and Insurance ?
Terms: 20 years (Until May/2024) 8 Years Remaining ?
Increase: 10% every 5 years (Next Increase – June/19) ?
Extensions: 3 options of 5 years ?
Guarantor: KBP Foods (227 Restaurants in 10 States) ?
Location: Main Street in Port Richey, Outparcel at Sam’s Club ?
Extra: High Visible Location, Low Rent to Sales Ratio (Extremely Profitable Store)