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Department Store

Badcock Home Furniture & More

14 W Hickory St, Arcadia (Fort Myers MSA), FL 34266

Listing Price: $3,741,000

Cap Rate
6.75%
Tenant Name
Badcock
Years Remaining On Lease
12.9
Guarantor
Corporate Guarantee
Rentable SF
15,555
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$16.24

Investment Overview

Marcus & Millichap is pleased to present the Badcock in Arcadia, FL.

Investment Highlights

  • New 13-Year Absolute NNN Lease, Zero Landlord Responsibilities
  • 2% Annual Rental Increases Beginning in Year 3
  • Strong Franchisee Guaranty with 17-Units
  • Signalized, Hard-Corner Intersection with 24,900 Cars/Day
  • 21,600+ Residents and 8,500+ Employees within a 5- Mile Radius

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Department Store

Badcock Home Furniture & More

Listing Price: $3,741,000

Cap Rate
6.75%
Tenant Name
Badcock
Years Remaining On Lease
12.9
Guarantor
Corporate Guarantee
Rentable SF
15,555
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$16.24

Investment Highlights

  • New 13-Year Absolute NNN Lease, Zero Landlord Responsibilities
  • 2% Annual Rental Increases Beginning in Year 3
  • Strong Franchisee Guaranty with 17-Units
  • Signalized, Hard-Corner Intersection with 24,900 Cars/Day
  • 21,600+ Residents and 8,500+ Employees within a 5- Mile Radius

Investment Overview

Marcus & Millichap is pleased to present the Badcock in Arcadia, FL.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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