1165 NW 55th St - Service FOR SALE


Fort Lauderdale, FL 33309- Uptown Fort Lauderdale
$4,725,000 USD
954-494-3091
1165 NW 55th St, Fort Lauderdale, FL for Sale
$4,725,000 USD
Service - FOR SALE
1/3
null | 5.2% Cap Rate

1165 NW 55th St
Fort Lauderdale, FL 33309
Uptown Fort Lauderdale


HIGHLIGHTS

  • NNN Long term lease with Classic Collision, a publicly traded national chain of Collision Center owned by TPG ( NASDAQ)
  • Minimal Landlord responsibilities - roof and structure
  • Recession proof tenant business located in center of major metropolitan area

OVERVIEW

Prime NNN Investment opportunity with long term lease backed by credit tenant. Classic Collision is a national chain of over 300 centers owned by publicly traded TPG ( NASDAQ). Initial 15 year lease expiring in 2035 with 3 additional 5 year options to renew with escalations. Minimal landlord responsibilities - roof and structure. Buildings in good condition . Located in major metropolitan area with easy access to over 2 million people. Offering consists of 2 separate collision buildings across the street from one another plus two additional storage lots. Can be acquired separately or in conjunction with the downtown Fort Lauderdale Classic Collision operation.

FOR SALE DETAILS

PRICE

$4,725,000 USD

PRICE/SF

$424 USD /SF

CAP RATE

5.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Lease Sale - Classic Collision Center

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

UTILITIES

Gas, Water, Sewer

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.4

LAND SF

17,510

ZONING

I

APN/PARCEL ID

49-42-16-10-0010

ASK ABOUT THIS PROPERTY

Steve HyattBerger Commercial Realty CorpMore Info
954-494-3091

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Steve HyattBerger Commercial Realty CorpMore Info
954-494-3091

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.