400 N Main St - Freestanding FOR SALE


Wildwood, FL 34785
$1,195,000 USD
401-533-2164
400 N Main St, Wildwood, FL for Sale
$1,195,000 USD
Freestanding - FOR SALE
1/24
null | 6.53% Cap Rate

400 N Main St
Wildwood, FL 34785


OVERVIEW

Prime Stand-Alone Retail Building with National Long-Term Tenant Excellent investment opportunity! This ±8,200 SF stand-alone retail building offers strong curb appeal and stability with a national long-term tenant already in place. This tenant has been leasing the building for over 40 years and currently has one remaining 5-year option at the end of the current term, with a 31% rent increase at the start of the option period. Situated on a well-trafficked corridor, the property features a brand-new roof and a freshly sealcoated parking lot, providing low-maintenance ownership for years to come. Highlights: ±8,200 SF freestanding building Long-term NNN lease with a national credit tenant Recently upgraded roof Freshly sealcoated and striped parking lot Strong visibility and easy access A turnkey asset for investors seeking reliable income in a well-maintained property. Inquire today for lease details and financials.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$162 USD /SF

CAP RATE

6.53%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

-

APN/PARCEL ID

G06L030

ASK ABOUT THIS PROPERTY

Jeanne St. GermaineGarwaine Realty, Inc.More Info
401-533-2164

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Jeanne St. GermaineGarwaine Realty, Inc.More Info
401-533-2164

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