Department Store
Badcock Home Furniture & More
650 Lake Minnie Dr, Sanford (Orlando MSA), FL 32773
Listing Price: $3,503,000
Cap Rate
6.75%
Tenant Name
Badcock
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
21,240
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.13
Investment Overview
Marcus & Millichap is pleased to present the Badcock in Sanford, FL.
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $3,503,000
Cap Rate
6.75%
Tenant Name
Badcock
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
21,240
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.13
Investment Highlights
- New 15-Year Absolute NNN Lease, Zero Landlord Responsibilities
- 2% Annual Rental Increases Beginning in Year 3
- Strong Franchisee Guaranty with 17-Units
Investment Overview
Marcus & Millichap is pleased to present the Badcock in Sanford, FL.
Exclusively Listed By
Broker of Record
Financing By
