***Investment Opportunity – Corporate-Backed Veterinary Hospital | Long-Term NNN Lease in Place***
We are pleased to present the exclusive offering of a corporate-backed Veterinary Hospital net-leased investment property. The property consists of approximately 7,159 rentable square feet situated on an estimated 0.89-acre parcel, offering strong visibility and accessibility along a major thoroughfare. This asset is secured by a 20-year absolute Triple Net (NNN) lease that commenced on February 1, 2021, providing investors with stable, passive income and minimal landlord responsibilities. The current annual base rent is $110,000, with scheduled 10% rental increases every five years, delivering built-in income growth over the lease term.
This offering presents a compelling opportunity to acquire a long-term, corporate-backed investment with predictable cash flow in the growing Mount Dora market.
3300 N HIGHWAY 19A, Mount Dora, FL, 32757
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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