Taco Dive - NNN Investment Asset

Positioned in the heart of Downtown Melbourne, this triple net investment asset benefits from the area's remarkable growth and development. The property's proximity to the highest daytime population in the county, Melbourne Orlando International Airport, Holmes Regional Medical center, and major companies ensures a steady flow of foot traffic and business activity. Surrounding businesses and residential growth are driving the area's expansion, making it an attractive investment opportunity. As the downtown area continues to thrive, and development projects continue to increase the density, this asset stands to benefit from the ongoing economic momentum of the vibrant urban center.- 10 Year NN+ Lease with Taco Dive including Two 5-Year option terms - First Year NOI of $82,360.00 - 4% annual increases in initial Lease & Option Terms - Property Taxes, Building Insurance, Maintenance Tenant Responsibility - Located in Downtown Melbourne in the Highest daytime population in the county - Close proximity to Melbourne Orlando International Airport, Holmes Regional Medical Center, & major employers (L3 Harris, Northrop Grumman, Embraer, and others) - Multiple residential/multifamily projects under development in the trade area with Over 1,000 units in Phase 1 of development - Strong Commercial Development underway with high performing retailers in a 5-Mile radius