1955 Ohio Ave N
Live Oak (Outside Tallahassee), FL 32065

Hwy 55 Drive-Thru

Offering Summary
Price $3,006,539 Cap Rate 5.75%
NOI $172,876.00 Rentable SF 2,163 SF
Lot Size 1.22 +/- Acres Year Built 2023
Lease Type Absolute NNN Lease Term 20 Years

Investment Highlights

  • Brand New 2023 High-Quality Construction in Tax-Free State
  • 20-Year Absolute NNN Lease w/ 7.50% Increases Every 5-Years
  • Corporate Guarantee from Hwy 55 — Hwy 55 Has Evolved into an
    Iconic Brand in the Southeast Now with Over 140 Locations
  • Located at the Entrance to a Brand New 80-Unit Residential
    Development Adjacent to New Publix & Directly Across from Lowe’s
  • Located in Rapidly Growing Retail Trade Area Immediately off Ohio
    Ave N & Interstate-10 w/ Traffic Counts Exceeding 49,000 VPD
  • Directly off Interstate-10 (The Major Thoroughfare Going from Live
    Oak to Jacksonville & Tallahassee)

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For More Information, Please Contact:

John R Wertz
Managing Principal
(619) 218-6427

Greg LaBarre
Vice President
(619) 997-1242