Triple-Net (NNN) KFC / 4.50% Cap Rate / Defuniak Springs FL

2482 US Hifghway 331S Defuniak Springs 32435

2482 US Hifghway 331S, Defuniak Springs, 32435
2482 US Hifghway 331S, Defuniak Springs, 32435 2482 US Hifghway 331S, Defuniak Springs, 32435 2482 US Hifghway 331S, Defuniak Springs, 32435 2482 US Hifghway 331S, Defuniak Springs, 32435 2482 US Hifghway 331S, Defuniak Springs, 32435
FOR SALE
Property Type:
Single Tenant Retail (NNN)
Amount:
$1,611,600
Cap Rate:
4.50%
Last Verified:
Apr 21, 2021

> Absolute Triple-Net Lease -No Landlord Responsibilities > 17+ Years Lease Remaining With (4) 5-Year Options & Increases > On Highway 331 Next to Quick Service Restaurants & Gas Stations > Large Billboard Included in Sale

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Map of 2482 US Hifghway 331S, Defuniak Springs, 32435

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.