This property presents a valuable opportunity to acquire a stabilized, single-tenant, triple net-leased retail investment. The property is fully leased to House of Tanoa Kava Bar under a long-term lease running through 2030, delivering dependable in-place cash flow backed by a well-established and highly regarded operator with a 4.8-star Google rating and strong local following. This is a true NNN lease, providing minimal landlord responsibilities and predictable passive income. Lease features a...This property presents a valuable opportunity to acquire a stabilized, single-tenant, triple net-leased retail investment. The property is fully leased to House of Tanoa Kava Bar under a long-term lease running through 2030, delivering dependable in-place cash flow backed by a well-established and highly regarded operator with a 4.8-star Google rating and strong local following. This is a true NNN lease, providing minimal landlord responsibilities and predictable passive income. Lease features above market annual rent escalations offering built-in inflation protection and above-market growth. The lease also does not include any renewal options, providing the new owner with future unilateral flexibility to dictate the long term plans with the property.
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Agency Name: Native Realty Co.
Agent Name: Daniel Ross
Agency Phone: 954-595-2999
Presented by
Agency Title: Illustrated Properties
Agency Phone: (561) 272-4015
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1649 E Sample Road, Pompano Beach, FL 33064.
Email 1649 E Sample Road, Pompano Beach, FL 33064
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