Brand New 20 Year Ground Lease – Solid long-term net lease investment opportunity, backed by a highly secure investment grade retailer for 20 years
Corporate Walmart Guarantee – Guaranteed by Wal-Mart Stores East, LP a wholly owned subsidiary of Wal-Mart Stores, Inc. (NYSE: WMT), which holds an investment grade rating of “AA” by Standard & Poor’s
Absolute Net Lease – Extremely passive net lease investment, with no Landlord responsibilities whatsoever. Perfectly suited for institutional investors or 1031 exchange buyers
Strong Residual Value Per Square Foot of Only $99 – Fee Simple Ground Lease ownership structure provides investor with a low cost per square foot, considering the building structure and improvements to the land will be paid for by Tenant
Excellent Location Adjacent to New $237 Million Hospital – Located within close proximity to I-75 Interchange in the dominant retail trade area. Co-located with Sam’s Club and next to future $237 million St. Joseph’s Hospital South
Robust Demographics – Strong Tampa MSA sub-market location, with positive 10-year growth percentages and a 5-mile radius population of over 87,000. Average household income levels exceed $67,000
Read More »
