SECURE INCOME STREAM
• 10-Year NNN Lease with Minimal Landlord Responsibilities
• Rent Increases Every 5 Years
• Corporate Guaranty from Cellular Sales of Knoxville
• 2nd Largest Verizon Wireless Authorized Retailer with 750+ Locations and Over $2 Billion in Revenue (2018)
• Expanding Tenant, Expected to Grow to 1,500 Stores by 2025
• Brand New 2020 Construction with Upgraded Design
STRONG MARKET FUNDAMENTALS
• Excellent Access and Visibility Along US 1 with 25,500 Cars/Day
• High Growth Market with 72,533 Residents in Primary Trade Area
• Population Projected to Increase 22% (2010 – 2024)
• Dense Retail Corridor with 24-Hr. Walmart Supercenter, Home Depot, Publix, McDonald’s, Burger King and Taco Bell
• Several Commercial and Residential Developments Underway
PROXIMITY
• Surrounded by 8 Hotels and Several K-12 Schools with 5,023 Students Combined
• 2 Miles to Sebastian Municipal Airport
• 90 Miles to Orlando and West Palm Beach
• 15 Miles to Nearest Verizon Wireless Store
• Minutes to Sebastian River Medical Center, a 150 Bed Hospital with Over 500 Employees
Corporate Guaranty from Cellular Sales of Knoxville
2nd Largest Verizon Wireless Authorized Retailer with 750+ Locations and Over $2 Billion in Revenue (2018)
10-Year NNN Lease with Minimal Landlord Responsibilities with Rent Increases Every 5 Years
Expanding Tenant, Expected to Grow to 1,500 Stores by 2025
Brand New 2020 Construction with Upgraded Design
- Property Type
Retail, Office
- Year Built
2019
- Total Building Size
3,062RSF
- Total Acres
0.06
- Building Class
B
- Property ID
2015704
