Investment Highlights
Brand New 15-Year Lease | Corporate Signed Ground Lease | Scheduled Rental Increases
The Loop Kissimmee (324,000 SF) | Brand New Building |The Crosslands (442,000 SF) | Primary Retail Corridor
Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
Strong Demographics in 5-Mile Trade Area
Executive Summary
SRS National Net Lease Group is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, corporate signed, Floor & Decor investment property located in Kissimmee, Florida (Orlando MSA). The tenant, Floor and Decor Outlets of America, Inc., recently signed a brand new 15-year lease with 6 (5-year) options to extend, demonstrating their commitment to the site. The site is set for an August 2023 grand opening. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.
