Department Store
Badcock Home Furniture & More
16302 SE Hwy 19, Cross City, FL 32628
Listing Price: $2,012,000
Cap Rate
6.75%
Tenant Name
Badcock
Years Remaining On Lease
12.9
Guarantor
Corporate Guarantee
Rentable SF
6,816
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$19.92
Investment Overview
Marcus & Millichap is pleased to present the Badcock in Cross City, FL.
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $2,012,000
Cap Rate
6.75%
Tenant Name
Badcock
Years Remaining On Lease
12.9
Guarantor
Corporate Guarantee
Rentable SF
6,816
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$19.92
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
- Located Along U.S. Highway 19 with Over 10,000 Cars/Day
Investment Overview
Marcus & Millichap is pleased to present the Badcock in Cross City, FL.
Exclusively Listed By
Broker of Record
Financing By
