Description
Investors Dream! FULLY LEASED! 7.5% Cap Rate. Perfect for owner who desires income stream from Class A tenants.Two years left on NNN lease to Covenant Hospice (5,856 SF).Three years left on NNN lease to Spectrum House, Inc. (4,584 SF).Located on primary travel corridor in Milton, FL. Milton is the county seat of Santa Rosa County and is located in the Pensacola Metropolitan Area. Santa Rosa County is one of the fastest growing counties in Florida. Milton is located in the geographic center of Santa Rosa County; it is bordered by Pace to the West and the Blackwater River to the East.MILTON, FL QUALIFIED OPPORTUNITY ZONE ("QZONE") In late 2017, President Trump signed into law the tax cuts and jobs act of 2017. The Act allows for investors to re-invest assets otherwise subject to taxable gain. If an investment is held for 10-years, the appreciation on the investment is not subject to federal income tax. (Consult your tax advisor for additional information).
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6ACRES
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01/2 BATHS
School Ratings & Info
Description
Investors Dream! FULLY LEASED! 7.5% Cap Rate. Perfect for owner who desires income stream from Class A tenants.Two years left on NNN lease to Covenant Hospice (5,856 SF).Three years left on NNN lease to Spectrum House, Inc. (4,584 SF).Located on primary travel corridor in Milton, FL. Milton is the county seat of Santa Rosa County and is located in the Pensacola Metropolitan Area. Santa Rosa County is one of the fastest growing counties in Florida. Milton is located in the geographic center of Santa Rosa County; it is bordered by Pace to the West and the Blackwater River to the East.MILTON, FL QUALIFIED OPPORTUNITY ZONE ("QZONE") In late 2017, President Trump signed into law the tax cuts and jobs act of 2017. The Act allows for investors to re-invest assets otherwise subject to taxable gain. If an investment is held for 10-years, the appreciation on the investment is not subject to federal income tax. (Consult your tax advisor for additional information).
© 2019 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Beach Group. Data last updated: 2019-12-13T23:02:45.74.