Freestanding Absolute NNN Retail
1480 NW 25th Ave Chiefland, FL 32626
For Sale
Contact for pricing
Pending
Freestanding Badcock Home Furniture property offered on an absolute NNN basis with multiple ingress and egress points.
Days on Market104
Property Features for 1480 NW 25th Ave
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 8:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
The offering is a fee simple interest in a freestanding Badcock Home Furniture retail property structured as an absolute NNN investment with zero landlord responsibilities. The tenant recently signed a brand new 13-year lease with four (4) additional five-year options to extend. The lease includes 2% annual rental increases beginning in year 3 and continuing through the initial term and option periods.
The property is located along U.S. Highway 98, a primary retail thoroughfare, and is described as having significant street frontage and a large pylon sign for visibility. Multiple points of ingress/egress are noted on the site.
The immediate area is characterized as a dense regional retail corridor with numerous national/credit tenants, including Walmart Supercenter, Winn Dixie, CVS Pharmacy, Walgreens, and Tractor Supply Co. Chiefland is described as a key shopping destination for nearby communities.
The property is located along U.S. Highway 98, a primary retail thoroughfare, and is described as having significant street frontage and a large pylon sign for visibility. Multiple points of ingress/egress are noted on the site.
The immediate area is characterized as a dense regional retail corridor with numerous national/credit tenants, including Walmart Supercenter, Winn Dixie, CVS Pharmacy, Walgreens, and Tractor Supply Co. Chiefland is described as a key shopping destination for nearby communities.
Key Highlights
- Absolute NNN, fee simple freestanding Badcock Home Furniture property with zero landlord responsibilities
- Tenant signed a brand‑new 13‑year lease with 4 (5‑year) options to extend
- 2% annual rental increases beginning in year 3 through the initial term and option periods
Property Analytics
Location Intelligence
Current Use by Public Records
Badcock Home Furniture ...
Home Decor Store
FAQs
What type of property is this?
NNN property - Freestanding Badcock Home Furniture property offered on an absolute NNN basis with multiple ingress and egress points.
Where is this nnn property located?
The property is located at 1480 NW 25th Ave Chiefland, FL.
What are key features of this property?
This property features: Absolute NNN, fee simple freestanding Badcock Home Furniture property with zero landlord responsibilities; Tenant signed a brand‑new 13‑year lease with 4 (5‑year) options to extend; 2% annual rental increases beginning in year 3 through the initial term and option periods