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NNN investment opportunity with brand-new 10 year lease and 3% annual rent escalations. The lease includes the tenant's personal and corporate guaranty and 1 x 5 year renewal options. The projected revenue for the business is expected to exceed $900K in a 12-month period and the surrounding demographics provide a strong opportunity for growth. TENANT: Caritas Academy LLC LEASE COMMENCEMENT: July 1, 2022 RENT COMMENCEMENT: October 1, 2022 LEASE EXPIRATION: June 30, 2032 LEASE TERM: 10 Years RENEWAL OPTIONS: 1 x 5 Years RENT INCREASES: 3% Annually PROPERTY TAXES: Tenant Responsibility PROPERTY INSURANCE: Tenant Responsibility COMMON AREA: Tenant Responsibility ROOF: Landlord Responsibility STRUCTURE: Landlord Responsibility HVAC: Tenant Responsibility UTILITIES: Tenant Responsibility

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Listed by Joseph N Serafin and Sean Kline of Serafin Real Estate

Listing Sold by HMI Property

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