***Investment Opportunity – Corporate-Backed Veterinary Hospital | Long-Term NNN Lease in Place*** We are pleased to present the exclusive offering of a corporate-backed Veterinary Hospital net-leased investment property. The property consists of approximately 7,159 rentable square feet situated on an estimated 0.89-acre parcel, offering strong visibility and accessibility along a major thoroughfare. This asset is secured by a 20-year absolute Triple Net (NNN) lease that commenced on February 1, 2021, providing investors with stable, passive income and minimal landlord responsibilities. The current annual base rent is $110,000, with scheduled 10% rental increases every five years, delivering built-in income growth over the lease term. This offering presents a compelling opportunity to acquire a long-term, corporate-backed investment with predictable cash flow in the growing Mount Dora market.
Financial Considerations
Price:
$2,100,000
HOA Fee:
N/A
Tax Amount:
$20692
Price per SqFt:
$272.55
Tax Legal Description:
MOUNT DORA BRADNER COMMERCIAL TRACTS SUB LOT 1 PB 43 PG 26 ORB 5643 PG 68