Commercial property in Pembroke Park, Florida № 641650

Property description

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.