Carvana | Approx 14yrs Remain Corp Abs NNN 5435 N Loop 1604 W

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, corporate signed (NYSE: CVNA), freestanding, Carvana investment property located in San Antonio, Texas. The tenant, Carvana, LLC has approximately 14 years remaining with 2 (10-year) options to extend, demonstrating their commitment to the site. The lease features 1.75% annual rental increases throughout the initial term and option periods, 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 in a state with no state income tax. Carvana is a leading e-commerce platform for buying and selling used cars and provides as-soon-as-next-day delivery to customers in over 300 U.S. markets.