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| Price $6,830,000 | Built/Renov 2019 | Tenant Carvana |
| Cap Rate 6.75% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
5,820
| Lease Start
04-30-2022
| #Units
40
|
| Price/SF $1,173.54 | Expiration
04-30-2042
| Tenant Type Automotive |
| NOI $461,013 | R. Term 16.9 | Ownership Fee Simple |
| Rent/SF
$79.21
| Increases 10.0%/6/yrs | Pop 5Mi 166,314 |
| Lot/AC 1.56 | Options 4/5yrs/10% | AHHI 5Mi $89,083 |
| | |
Carvana is strategically located on Koger Boulevard directly fronting Interstate 40, with visibility to over 124,000 vehicles per day. The site also benefits from access to Interstate 73 (69,200 VPD) and U.S. Highway 70 (53,600 VPD). The property is situated within a highly trafficked retail corridor surrounded by national brands including Home Depot, Sam’s Club, Walmart Supercenter, and...
...Signalized intersection
Hard corner intersection
Dense retail corridor
Freeway visibility
Top 100 MSA
Affluent AHHI $100K 5 Mi
Long 20+ yr lease
Strong sales history
Traded and rated company
Corporate Guarantee
Carvana (NYSE: CVNA) is the leading ecommerce platform for buying and selling used cars. As the fastest growing used automotive retailer in U.S. history, Carvana.com allows someone to purchase a...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
