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Bank of America Ground Lease • Homestead, FL
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Pad to high volume Publix Shopping Center!
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Corporate Guaranty!
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¼ mile to FL Turnpike entrance/exit ramp!
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10% Rent Increases every 5 years!
Location:
3050 NE 43rd Ave
Homestead, FL 33033
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Investment Highlights: |
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Price: |
$1,926,000 |
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Cap Rate: |
6.75% |
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Annual Rent: |
$130,000 |
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Rent psf: |
$27.66 sf |
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Rent Increases: |
10% every 5 yrs. and 15% in options |
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GLA: |
4,700 sf |
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Land Area: |
.90 acres |
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Lease Commencement: |
10/3/2005 |
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Lease Expiration: |
10/31/2020 |
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Lease Type: |
NNN Ground Lease |
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Landlord Responsibilities: |
None |
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Options: |
Twenty 5-Year w/ 15% increase in each |
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Lease Guaranty: |
Bank of America, N.A. |
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Store Built: |
2005 |
Store Photos:

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