4305 S Hopkins Ave - Auto Repair FOR SALE


Titusville, FL 32780
$610,909 USD
512-528-3122
4305 S Hopkins Ave, Titusville, FL for Sale
$610,909 USD
Auto Repair - FOR SALE
1/5
null | 5.41% Cap Rate

4305 S Hopkins Ave
Titusville, FL 32780


HIGHLIGHTS

  • Rare opportunity to acquire a triple net (NNN) asset corporately guaranteed by a large national tenant.
  • Florida is one of the few U.S. states with no personal state income tax, a key factor fueling its strong population growth
  • Rising demand for fast, efficient services, with the increasing need for time-efficient automotive services, quick lube shops, tire service centers
  • 10% rent increases throughout renewal options with 3 x 5 year options to extend
  • Dense surrounding population with over 53,000 people within a 5-mile radius

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the 3,210 SF Strickland Brothers property located at 4305 Hopkins Avenue in Titusville, FL. This offering presents a rare opportunity to acquire a corporately guaranteed triple net (NNN) asset backed by a well-established national tenant. The lease features 10% rent increases throughout the renewal terms, along with 3 x 5 year options to extend, ensuring long-term income growth and stability, making it a compelling investment opportunity. In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953

FOR SALE DETAILS

PRICE

$610,909 USD

PRICE/SF

$377 USD /SF

CAP RATE

5.41%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Strickland Brothers - Titusville, FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

M1

APN/PARCEL ID

22-35-22-75-00050.0-0009.00

ASK ABOUT THIS PROPERTY

Max WatsonSands Investment Group Austin, LLCMore Info
512-528-3122

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Max WatsonSands Investment Group Austin, LLCMore Info
512-528-3122

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