1165 NW 55th St - Service FOR SALE


Fort Lauderdale, FL 33309- Uptown Fort Lauderdale
$4,235,000 USD
954-494-3091
1165 NW 55th St, Fort Lauderdale, FL for Sale
$4,235,000 USD
Service - FOR SALE
1/3
null | 5.8% 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 an additional storage lot.

FOR SALE DETAILS

PRICE

$4,235,000 USD

PRICE/SF

$380 USD /SF

CAP RATE

5.8%

% LEASED

-

TENANCY

Single

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.