VERY RARE OPPORTUNITY to purchase an I-95 BILLBOARD ! Direct I-95 exposure with an annual daily traffic count of 252,418 (FL FDOT/yr2022). No Lessor responsibilities ! Absolute NNN Investment. Current Lease term expires May 2053. Lease is guaranteed by Lessee(tenant): Corporate credit rated Lessee (NYSE). High barrier to entry. FDOT not permitting any more billboards along I-95 in SE Florida. Sale encompasses the billboard lease and perpetual easement on land zoned industrial.
Mls | F10393123 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 2012 |
Days On Site | 502 |
Listing Provided By | Denyse O'Grady | Denyse O'Grady |
Zoning | 40 |
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State | FL |
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County | Broward |
City | Pembroke Park |
Zip Code | 33009 |
Area | 3080 |
Subarea | Hollywood Central (3070 3100) |
Listing VS Median (in 33009) | |
Price: $1,125,000 low | high Med: $235,000 On Site: 502 low | high Med: 159.000000 |