New Tractor Supply Co. - 15-Yr Corporate Net Lease

131 W 2nd Street Apopka, FL 32703

131 W 2nd Street, Apopka, FL, 32703
Subject
131 W 2nd Street, Apopka, FL, 32703 131 W 2nd Street, Apopka, FL, 32703
FOR SALE
Property Type:
Free Standing Building
Amount:
$6,760,000
Cap Rate:
4.59%
Last Verified:
Jul 12, 2022

Description

Investment Highlights • Quality Construction - Not Metal Concept - Full CMU Block Building with Real Brick Accents & Steel Roof Bar Joists • Corporate-Guaranteed Net-Lease - 15-Yr Base Term with Four 5-Yr Options to Extend • Desirable Demos - Above AHHI - Well Located Near Orlando City Center and Nearest Store to Orlando MSA • Publicly Traded Corporate Tenant (NASDAQ: TSCO) - TSC Reports Record First QTR 2021 Financial Results - Net Sales Increased 42.5%; Comparable Store Sales Increased 38.6%

Additional URLs

Map of 131 W 2nd Street, Apopka, FL, 32703

Presented by:
FL Retail Advisors

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Brian Capo


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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.