1676 US-1 Hwy - Freestanding FOR SALE
Sebastian, FL 32958 |
1676 US-1 Hwy
Sebastian, FL 32958
HIGHLIGHTS
- 10-Year NNN Lease with Minimal Landlord Responsibilities
- Rent Increases Every 5 Years
- Corporate Guaranty from Cellular Sales of Knoxville
- 2nd Largest Verizon Wireless Authorized Retailer with 750+ Locations and Over $2 Billion in Revenue (2018)
- Expanding Tenant, Expected to Grow to 1,500 Stores by 2025
- Brand New 2020 Construction with Upgraded Design
OVERVIEW
• Excellent Access and Visibility Along US 1 with 25,500 Cars/Day
• High Growth Market with 72,533 Residents in Primary Trade Area
• Population Projected to Increase 22% (2010 – 2024)
• Dense Retail Corridor with 24-Hr. Walmart Supercenter, Home Depot, Publix, McDonald’s, Burger King and Taco Bell
• Several Commercial and Residential Developments Underway
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
New 10-Yr. Verizon Wireless
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
2400
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
18
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
30-38-21-00001-9999-00021.0
