6025 FL-70 - Auto Repair FOR SALE


Bradenton, FL 34203
$2,363,636 USD
332-345-4222
6025 FL-70, Bradenton, FL for Sale
$2,363,636 USD
Auto Repair - FOR SALE
1/2
null | 5.25% Cap Rate

6025 FL-70
Bradenton, FL 34203


HIGHLIGHTS

  • Strong Corporate Guarantee
  • Recession Resistant Due to Non Discretionary Nature of Services
  • Strategically Positioned in a Highly Trafficked Area

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Mavis Discount Tire located at 6025 FL-70, Bradenton, FL 34203. The site consists of roughly 5,400 rentable square feet of building space on an estimated 1.36-acre parcel of land. This Mavis Discount Tire is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $124,091 and has scheduled increases of 5.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$2,363,636 USD

PRICE/SF

$438 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mavis Discount Tire

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

-

APN/PARCEL ID

17292-0040-9

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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