1204 N Ferdon Blvd - Retail FOR SALE


Crestview, FL 32536
$2,043,478 USD
917-855-4635
1204 N Ferdon Blvd, Crestview, FL for Sale
$2,043,478 USD
Retail - FOR SALE
1/2
null | 5.75% Cap Rate

1204 N Ferdon Blvd
Crestview, FL 32536


HIGHLIGHTS

  • Strong Corporate Guarantee
  • New Construction
  • Long-Term 20-Year NNN Sale-Leaseback

OVERVIEW

Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 1204 N Ferdon Ave, Crestview, FL 32536. The site consists of roughly 1,496 rentable square feet of building space on an estimated 0.5-acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $117,500 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$2,043,478 USD

PRICE/SF

$1,366 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

-

APN/PARCEL ID

04-3N-23-1840-0002-0220

ASK ABOUT THIS PROPERTY

Isabel SegalNNN Pro GroupMore Info
917-855-4635

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

Isabel SegalNNN Pro GroupMore Info
917-855-4635

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