109 Bluegrass Court is an industrial property for lease in Nokomis, FL.
Perfect opportunity for 1031 Exchange- located in prime business park with 9 years left on NNN Lease with options for Neff Rental company location which provides construction companies, golf course developers, industrial plants, the oil industry, and governments with reliable and quality construction equipment.
8 cap. Priced to sell. Call for additional details.
NEFF RENTAL COMPANY
LOCATED IN TRIPLE DIAMOND BUSINESS PARK
109 BLUEGRASS COURT
NOKOMIS, FLORIDA 34275
9 YEARS LEFT ON NNN LEASE WITH OPTIONS
PRICED TO SELL AT AN 8 CAP
Unit Size 7,920 S.F.
Term (years) 15
Options Three, five year options
Base Rent $199,116
Base Rent/S.F. $25.14
Current Rent $199,116
Current Rent/S.F. $25.14
Escalations Flat for initial term; 10% increases in each option
Lease Structure Triple net lease
Commencement December 1, 2007
Expiration November 30, 2022
OFFERING PRICE $2,490,000
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