Property Description
SECURE INCOME STREAM
- New 15-Year Absolute NNN Lease, Zero Landlord Responsibilities
- 10% Rent Increases Every 5 Years and Renewal Options
- Personal Guaranteed Lease, 140+ Locations in 24 States
- Over 200 New Strickland Brothers Locations Planned by 2024
- Princeton Equity Invested in Strickland Brothers in 2021 to Fuel Aggressive Expansion Plans
- Oil Change Facilities May Qualify for 80% Accelerated Bonus Deprecation for Year-End Closing (Consult with CPA)
- Expanding Franchisee with Exclusive Rights to Territory, Strong Personal Guaranty (Inquire with Broker)
PROXIMITY
- 1-Mile to Advent Health Waterman, a 300-Bed Hospital with Over 2,265 Employees, Treating Over 65,000 Patients/Year
- Excellent Visibility to 58,500 VPD Along Highway 441, Direct Access to Orlando
- 79,000 Residents in Primary Trade Area
- Close Proximity to Avalon Park, a 155-Acre Community with Over 1,100 Residential Units
- Minutes to Lake Sumter State College with 4,760 Students and 371 Employees
- Lake County is the 6th Fastest Growing County in Florida
- Surrounded by Several K-12 Schools with 4,054 Combined Students
