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Triple Net (NNN):
A lease in which the tenant is responsible for
all expenses associated with their proportional
share of occupancy of the building
Core:
Occupancy is greater than or equal to 90%
at time of sale
Value-Add:
Occupancy is greater than or equal to 60%
and less than 90% at time of sale
Opportunistic:
Occupancy is less than 60% at time of sale
A lease in which the tenant is responsible for
all expenses associated with their proportional
share of occupancy of the building
Core:
Occupancy is greater than or equal to 90%
at time of sale
Value-Add:
Occupancy is greater than or equal to 60%
and less than 90% at time of sale
Opportunistic:
Occupancy is less than 60% at time of sale
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Herscher Restaurants for Sale
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- Selected
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- Built in 1977
- 16.29 AC Lot
- Prime 16-acre site with diverse redevelopment possibilities, offering unmatched potential for a developer, investor, or owner/user to reimagine the space.
-
Flamingo Cafe
1/21- $1,850,000
- 13,000 SF Retail Building
- Built in 1977
- Investment Opportunity
- 0.41 AC Lot
-
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