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.
Badcock Home Furniture & More
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
Financing By
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
Financing By
