Enterprise has been in this location continuously since 1995. Lease is absolute net with exception of the roof which has 5 years left on warranty. Enterprise recently spent about $100,000 in renovation of the building. Traffic is 66,500/day
Rent is presently $49,800/yr. with 3% annual escalators. Just re-leased in 2015 for 10 yrs. with 2/5 yr options.
Enterprise Rent A Car is owned by Enterprise Holdings which also owns National Car Rental and Alamo Rent A Car. Enterprise Holdings is a family-owned, world-class portfolio of brands. They operate a global network that operates in nearly 100 countries, over 600 airports, with 80,000 employees and nearly 1.7 million vehicles. They lead the transportation service industry. They are a family-owned conglomerate doing over $25 billion in business last year.