Extremely long term 40-year tenant that regularly renews their lease – 5 years left on their current extension, two 5-year options (1st at $6500). NNN at $6,000/mo. or $72,000 NOI offering a 6.7% Cap on a steady tenant. Located at a great traffic location, lighted intersection with over 41,000 cars per day, only ¼ mile from the freeway. Across from Belden Village Mall on the SEC and Kohl’s on the NEC, plus next to two hotels, including a Holiday Inn directly behind, and several name restaurants which speaks positively to the demographics.
Spee-D-Foods and Marathon Gas
NNN Leased thru 2028 (+2 options)
$6,000/mo. = $72,000 NOI – 6.7% CAP
3,000 SF on .37 acres (16,117 SF)
Adjacent to hotel and shopping
40-Year Tenant – Renews Regularly
Great traffic location near freeway
