Description

This retail net lease investment in DeFuniak Springs, Florida offers a newly constructed, single-tenant asset delivering long-term income stability through a corporate-guaranteed NNN lease with a nationally recognized automotive service brand. Situated on approximately 0.62 acres with 1,682 square feet of building space, the property is secured by a 20-year triple-net lease that commenced in late 2025, providing predictable cash flow with minimal management responsibilities. The lease includes scheduled 1.5% annual rent increases beginning in 2031, ensuring steady income growth over time. Backed by a parent company operating thousands of locations nationwide, the tenant provides strong credit support, while the fee simple ownership and full NNN structure place all expenses—including taxes, insurance, and maintenance—on the tenant. Supported by a recession-resistant business model driven by essential vehicle maintenance, as well as industry trends such as increasing vehicle ownership duration and rising average vehicle age, this 2025 construction asset offers durability, passive income, and long-term investment security.