2110 Lecanto Hwy - Freestanding FOR SALE


Lecanto, FL 34461
$4,040,000 USD
954-302-7365
2110 Lecanto Hwy, Lecanto, FL for Sale
$4,040,000 USD
Freestanding - FOR SALE
1/8

2110 Lecanto Hwy
Lecanto, FL 34461


HIGHLIGHTS

  • New 15-Year Lease | Scheduled Rental Increases | Corporate Signed Lease | Well-Known & Established Tenant
  • Absolute NNN Ground Lease | Leased Fee | No State Income Tax |Zero Landlord Responsibilities
  • Shoppes at Black Diamond Outparcel | Signalized Intersections | Target Anchored Development | Brand New Construction
  • Local Demographics 5-Mile Trade Area

OVERVIEW

• Express Oil signed a 15-year lease with 5 (5-year) options to extend • The lease features 7.5% rental increases every 5 years starting in LY 11 and at the beginning of each option period, growing NOI and hedging against inflation • Express Oil Change & Tire Engineers is a leading provider of automotive services with a strong focus on speed, quality, and customer satisfaction • Founded in 1979, the company has grown to over 300 locations across the United States, offering a comprehensive range of services including oil changes, tire replacements, brake services, and general automotive maintenance

FOR SALE DETAILS

PRICE

$4,040,000 USD

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Express Oil Change - Tampa (Lecanto) FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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