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Ground lease agreement (absolute NNN). 13+ years remaining on initial 20-year lease term with 6 additional 5-year options. Current NOI of $181,440. Rent increases of 8% every 5 years during initial term. Rent increases again in November 2025. Asking cap rate 4.75%

Property Details of 2926 E State Rd 60

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Listed by Tracy Phillips of TURN KEY REALTY LLC

Valrico, FL Demographics

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Valrico, FL Schools

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Based on information submitted to StellarMLS as of February 7, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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