$11,475,700
Investor Opportunity! 5% Cap Rate plus A+ rated tenant. Offered for sale is this newly constructed, 5,942 square foot distribution center, completed in January of this year and sited on a double lot, along one of the island's primary commercial corridors. The property is leased to Frito Lay/Pepsi for 10 years with annual rent increases and two renewal options, also with annual rent increases.
Listing Company: William Raveis Nantucket