CarMax NNN Property For Sale
This investment opportunity features a CarMax property with a long-term triple net lease. CarMax is a Fortune 500 company and the largest used-car retailer in America, providing a strong corporate guaranty and a stable income stream for investors. The property benefits from scheduled rent escalations, enhancing future returns.
- Asking price $12.50M
- 6.40% cap rate
- NOI $1.00M
- 20 years remaining
- NNN lease
Asset type: Retail