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Wells Fargo NNN Ground Lease (Lake Nona)

10715 N Narcoossee Rd, Orlando, FL 32827

Listing Price: $3,956,200

Cap Rate
5.00%
Tenant Name
Wells Fargo
Years Remaining On Lease
3.8
Guarantor
Corporate Guarantee
Rentable SF
3,891
Lease Type
NNN Ground Lease
Rent Per Square Feet
$50.84

Investment Overview

- 20-Year NNN Ground Lease to Wells Fargo | 4 Years Remaining With Four, 5-Year Renewal Options
- 2.5% Annual Rent Increases Throughout Base Term and Option Period
- Longstanding Commitment to Site | Tenant Since 2007
- Deposits Through 06/30/2023- $114,251,000
- Situated on 1.02 Acres | 245’ of Narcoossee Road Frontage – 38,000 AADT
- Across From Publix Super Market Shopping Plaza
- Surrounded by Numerous National Tenants Including; McDonald’s, Great Clips, 7-Eleven, The UPS
Store, Regions Bank, Burger King, Taco Bell
- Lake Nona is one of America’s fastest-growing and most innovative communities.
- Florida is an Income Tax Free State

Investment Highlights

  • 20-Year NNN Ground Lease to Wells Fargo | 4 Years Remaining With Four, 5-Year Renewal Options
  • 2.5% Annual Rent Increases Throughout Base Term and Option Period
  • Longstanding Commitment to Site | Tenant Since 2007 | Deposits Through 06/30/2023 - $114,251,000

Exclusively Listed By

Financing By

Bank

Wells Fargo NNN Ground Lease (Lake Nona)

Listing Price: $3,956,200

Cap Rate
5.00%
Tenant Name
Wells Fargo
Years Remaining On Lease
3.8
Guarantor
Corporate Guarantee
Rentable SF
3,891
Lease Type
NNN Ground Lease
Rent Per Square Feet
$50.84

Investment Highlights

  • 20-Year NNN Ground Lease to Wells Fargo | 4 Years Remaining With Four, 5-Year Renewal Options
  • 2.5% Annual Rent Increases Throughout Base Term and Option Period
  • Longstanding Commitment to Site | Tenant Since 2007 | Deposits Through 06/30/2023 - $114,251,000

Investment Overview

- 20-Year NNN Ground Lease to Wells Fargo | 4 Years Remaining With Four, 5-Year Renewal Options - 2.5% Annual Rent Increases Throughout Base Term and Option Period - Longstanding Commitment to Site | Tenant Since 2007 - Deposits Through 06/30/2023- $114,251,000 - Situated on 1.02 Acres | 245’ of Narcoossee Road Frontage – 38,000 AADT - Across From Publix Super Market Shopping Plaza - Surrounded by Numerous National Tenants Including; McDonald’s, Great Clips, 7-Eleven, The UPS Store, Regions Bank, Burger King, Taco Bell - Lake Nona is one of America’s fastest-growing and most innovative communities. - Florida is an Income Tax Free State

Exclusively Listed By

Financing By

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