NNN Investment Opportunity - Riviera Beach

Properties for Sale

NNN Investment Opportunity - Riviera Beach

Address

1581 W Blue Heron Blvd.
Riviera Beach, FL 33403

(View Map)

Property Type: Retail
Price: $1,768,078
Listing Status: Sold

Contact Info

Lindsey Morriss Meyers
Direct: 404-556-4960
Lindsey@atlanticcg.com

Flyer

Description

This building contains 1,356 SF on 0.292 Acres. Just renewed 20-year lease with KFC that includes Five (5) X Five (5) year options and 10% rent increases every five (5) years during the entire Term.

Location

Located on the SE corner of W Blue Heron Blvd. and Avenue S with direct in/out on both roadways.

Additional Information Site Highlights Major Tenants
Rent: $101,664.53
Min. Divisible Space: 1,356 SF
Max. Contiguous Space: 1,356 SF
Square Feet: 1,356 SF
Lot Size: 0.292 Acres
Investment Cap Rate: 5.75%
    • Property Address: 1581 W Blue Heron Blvd, Riviera Beach, FL
    • Offering Price: $1,936,467.24
    • CAP: 5.25%
    • Base Rent: $101,664.53
    • Gross Square Feet: 1,356
    • Lot Size: 0.292 Acres
    • Ownership: Fee Simple

KFC

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