Outstanding triple net offering available.

PROPERTY
Commercial Drive Office Bldg, Niceville, FL
16342 Sq.Ft
Yr. Built 1997
Single Story Building
Property is in fantastic shape

AREA HIGHLIGHTS
Close proximity to Elgin air Force Base and Destin, FL
Centrally located to hotels, restaurants, shopping, etc.
5 miles to Gulf Coast of Mexico and beaches

TENANT STABILITY
Owner tenant is one of the areas largest developers
Established 1996
Financial stability is strong

LEASE DETAILS
10 year lease
NNN ( Tenant responsibility: TAXES, INSURANCE MAINTENANCE UTILITIES)

PURCHASE PRICE: $2.9 MILLION

NET OPERATING INCOME: $246,000 ($15.05/SF x 16,342 SF)

CAP RATE: 8.5%

Contact us for additional details.

Travis L. McKee
TLM Investments L.C.
(248) 322-1009 office
tlminvestments@gmail.com