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Miscellaneous

Mattress Firm

113 Cypress Gardens Blvd, Winter Haven, FL 33880

Listing Price: $2,192,593

Cap Rate
6.75%
Tenant Name
Mattress Firm, Inc.
Years Remaining On Lease
6.1
Guarantor
Corporate Guarantee
Rentable SF
4,000
Lease Type
Double Net
Rent Per Square Feet
$37.00

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Mattress Firm located at 113 Cypress Gardens Blvd in Winter Haven, FL. The property consists of 4,000 square feet of building space and is situated on approximately 0.44 acres of land. The property is subject to an 11-year double-net (NN) lease with more than 6 years remaining on the initial term, which requires zero landlord responsibility. The lease calls for an annual rent of $148,000, with rental increases occurring in each of the two (2), five (5)-year option periods.

Investment Highlights

  • Corporate Tenant
  • Double Net (NN) Lease with Minimal Landlord Responsibilities
  • 6+ Years Remaining on 11-Year Base Lease Term

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Listing Price: $2,192,593

Cap Rate
6.75%
Tenant Name
Mattress Firm, Inc.
Years Remaining On Lease
6.1
Guarantor
Corporate Guarantee
Rentable SF
4,000
Lease Type
Double Net
Rent Per Square Feet
$37.00

Investment Highlights

  • Corporate Tenant
  • Double Net (NN) Lease with Minimal Landlord Responsibilities
  • 6+ Years Remaining on 11-Year Base Lease Term

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Mattress Firm located at 113 Cypress Gardens Blvd in Winter Haven, FL. The property consists of 4,000 square feet of building space and is situated on approximately 0.44 acres of land. The property is subject to an 11-year double-net (NN) lease with more than 6 years remaining on the initial term, which requires zero landlord responsibility. The lease calls for an annual rent of $148,000, with rental increases occurring in each of the two (2), five (5)-year option periods.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

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