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

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Location