12296 Veterans Memorial Drive

The subject site is surrounded by heavy residential and commercial development and is located near one of the area's most heavily traveled intersections which combines for a total of more than 56,000 vehicles per day.Located in an ideal demographic for an auto parts and accessory store, and a title loan location, the subject property has long been 100% occupied by two national tenants, Advance Auto and Title Max, both leaders in their respective industries. The design of the leases require the tenants to maintain the interior of the leased premises as well as maintain or reimburse landlord for the majority of repairs and maintenance, property taxes and property insurance, thereby making this a very hands-free investment. The below market rents currently being paid by the tenants offer an investor a very stable return through the remaining terms of the leases and significant upside when renewed.