3550 US Highway 27 N - Freestanding FOR SALE
Sebring, FL 33870 |
$2,400,522 USD
843-510-0551
3550 US Highway 27 N
Sebring, FL 33870
HIGHLIGHTS
- The Lease is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BB+ From S&P and Ba1 From Moody's
- Just Under 4 Years Remaining on an Absolute Triple Net Lease (NNN) With a 10% Rent Increase at the Option Period
- Ideally Situated on a Signalized Corner With High Visibility Featuring Over 41,000 Vehicles Per Day
- Large Format Building With Drive-Thru Access, Enhancing Tenant Success and Eligibility for Future Tenant(s)
- Large Parcel for Future Development Flexibility Featuring Multiple Access Points and Excellent Visibility
- Low Rent, Below Market Rent, Allowing For Future Value Increase
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 12,174 SF Advance Auto Parts Located at 3550 US Highway 27 N. Sebring, FL. This Deal is With Just Under 4 Years Remaining on an Absolute Triple Net Lease (NNN) With a 10% Rent Increase at the Option Period, Providing For a Secure Investment.
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
FOR SALE DETAILS
PRICE
$2,400,522 USD
PRICE/SF
$221 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Advance Auto Parts - Sebring, FL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
54
LAND DETAILS
LAND ACRES
1.57 AC
LAND SF
68,389 SF
ZONING
C1
APN/PARCEL ID
S-23-34-28-A00-0062-0000
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
843-510-0551
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
843-510-0551
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
