2004 N Dixie Fwy - Restaurant FOR SALE


New Smyrna Beach, FL 32168
$1,572,030 USD
203-253-9455
2004 N Dixie Fwy, New Smyrna Beach, FL for Sale
$1,572,030 USD
Restaurant - FOR SALE
1/3
null | 5.25% Cap Rate

2004 N Dixie Fwy
New Smyrna Beach, FL 32168


HIGHLIGHTS

  • Excellent Corporate Guarantee from Driven Brands
  • Strong Industry Growth
  • Recession-Resistance Service
  • Growing Vehicle Base & Longer Ownership

OVERVIEW

Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 200 North Dixie Freeway, New Smyrna Beach, FL 32168. The site consists of roughly 2,369 rentable square feet of building space on an estimated 0.28-acre parcel of land. The property is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $82,532 and has scheduled increases of 1.50% Annually.

FOR SALE DETAILS

PRICE

$1,572,030 USD

PRICE/SF

$254 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

US 1

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

10I3

APN/PARCEL ID

7438-12-00-0190

ASK ABOUT THIS PROPERTY

Edward OtockaSurmountMore Info
203-253-9455

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Edward OtockaSurmountMore Info
203-253-9455

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