2193 Hwy 71 - Retail FOR SALE


Marianna, FL 32448
$1,238,000 USD
561-427-6699
2193 Hwy 71, Marianna, FL for Sale
$1,238,000 USD
Retail - FOR SALE
1/4
null | 5.25% Cap Rate

2193 Hwy 71
Marianna, FL 32448


HIGHLIGHTS

  • Long-term corporately backed ground lease to leading auto services provider
  • Excellent visibility (20,000 VPD along FL-71) and access from signalized intersection
  • Absolute Net ground lease provides passive ownership and stable cash flow
  • 10% rent increases ever 5 years provides hedge against inflation
  • Located immediately off I-10 interchange next to Walmart & Lowe's
  • Take 5 Oil Change operates over 900 locations in the US and Canada and is owned by Driven Brands, the largest automotive services company in US

OVERVIEW

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this newly constructed Take 5 Oil Change featuring a 12 Year Absolute Net Ground Lease with 10% rental increases every 5 years. Take 5 has been open for business since May.

FOR SALE DETAILS

PRICE

$1,238,000 USD

PRICE/SF

$354 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil | Low Rent Corp GL

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

84

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,809 SF

ZONING

-

APN/PARCEL ID

25-4N-10-0000-0130-0022

ASK ABOUT THIS PROPERTY

Patrick WagorAtlantic Capital PartnersMore Info
561-427-6699

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Patrick WagorAtlantic Capital PartnersMore Info
561-427-6699

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