605 67th Street Circle East

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605 67th Street Circle East

Bradenton, FL 34208
Asking Price
$1.62M
Cap Rate
5.25%
Asset Type
Retail
Class
Class B

What's Special

Avis Car Rental | New Construction | 7-Year Absolute NNN Lease | No Landlord Responsibilities <ul><li>​New, 7-year Absolute NNN lease signed by Avis Budget Car Rental LLC with +3% annual rent increases to hedge against inflation</li><li>​Opportunity to generate additional income through percentage rent. Avis pays the greater of 8% of sales or a minimum annual guaranteed rent</li><li>​Corporate lease with Avis Budget Car Rental LLC, a subsidiary of Avis Budget Group Inc.</li><li>​As of the end of 2025, there were 1,399 Avis Car Rental locations in the United States. There are over 5,000 A

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NOI
$80,000
Cap Rate
4.94%
DSCR
0.83
Underwater
Cash-on-Cash
-3.32%
Monthly Payment
$8,010.166
Annual Cash Flow
$-16,121.993

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