Wednesday, December 3, 2014

Logan's Roadhouse Ground Lease | Rent Increases | Long-Term Lease - Destin, FL



 Logan's Roadhouse Ground Lease | Rent Increases | Long-Term Lease - Destin, FL

Property Summary:

Price: $2,028,688
Parcel Size: 2.10 ACRES
Building Size: 7,728 SF
Lease Type: NNN Ground Lease
Lease Term Remaining: 7 years

Property Highlights:

- Strong National Tenant (Logan's Roadhouse)
- Absolute NNN Ground Lease
- 7 Years Remaining on Original 15-Year Lease
- 10% Rent Increases Every 5 Years Throughout Initial Term and Option Periods
- Located Along the Emerald Coast Region of Florida which Receives an Estimated 4.5 Million Visitors Per Year

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