Long Term National Tenanted Investment with Brand New Ten Year Lease

SOLD

72 Aerodrome Road

Maroochydore QLD 4558

Retail

FOR SALE

132m2

Ray White Commercial North Coast Central is proud to present one of the Jewels in the Crown, located at 72 Aerodrome Road, Maroochydore.

- Immaculate building with National Drive-Thru Tenant - SUBWAY
- Existing tenant renewing for another 10 years with 2 x 10 year options
- 721m2 corner block with a building area of 132m2
- Positioned on the major arterial road leading to Sunshine Plaza and the new CBD
- 500m to the beach and 600m to the Ocean Street precinct
- A first class, stand alone drive through location

Tenancy Details:
Tenant: Subway Drive-Thru (Subway Realty Pty Ltd)
Lease Commencement: 01/12/2016
Lease Expiry: 30/11/2026
Term: 10 Years
Option: 2 x 10 Years
Returning: $82,245.60 P/A Net
Outgoings: 100% paid by tenant
Annual Increases: CPI
Market Review: Every 5 years

Expressions of Interest close 5pm, Thursday 17th November, 2016.

Contact the Exclusive Marketing Agents for further information.