Enterprise Rent-A-Car NNN Property For Sale
This investment opportunity features a net lease with Enterprise Rent-A-Car, a leading global brand in vehicle rental and related services. The property benefits from a stable income stream with annual rent escalations, making it an attractive asset for investors seeking predictable returns. Enterprise Rent-A-Car, a subsidiary of Enterprise Holdings, Inc., boasts a strong corporate credit rating, ensuring tenant reliability. The company has a long-standing history and a robust business model encompassing car rental, commercial fleet management, and used car sales. This offering provides an investor with a secure, long-term lease in a desirable asset class.
- Asking price $1.88M
- 6.50% cap rate
- NOI $122,500
- 8.5 years remaining
- NNN lease
- Building size: 2,125 SF
- Lot size: 0.75 acres
- Rent increases: 2% Annually
- Guarantor: Corporate
Asset type: Retail