805 W State Road 434 - Auto Repair FOR SALE


Longwood, FL 32750- Northeast Orlando
$3,500,000 USD
786-522-7009
805 W State Road 434, Longwood, FL for Sale
$3,500,000 USD
Auto Repair - FOR SALE
1/4
null | 5% Cap Rate

805 W State Road 434
Longwood, FL 32750
Northeast Orlando


HIGHLIGHTS

  • Absolute Triple Net Lease W/ 13.5 Years Remaining
  • Rare 3% Scheduled Annual Rent Increases – Hedge Against Inflation
  • Adjacent To South Seminole Hospital – 206 Bed Medical Facility
  • Major Metro Area –Longwood is Part of The Orlando–Kissimmee–Sanford MSA | Affluent Surrounding Neighborhood – $91,400 Average HHI in 3 Mile Radius
  • Dense Infill Location – 72,000+ People In 3 Mile Radius | Frontage On FL-434 – 41,000+ Vehicles Per Day
  • Located In Market’s Primary Retail Corridor

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to invest in a prime commercial property located at 805 FL-434, Longwood, FL, occupied by a national tenant under a long-term lease. The property is tenanted by Tire Kingdom, a leading automotive services provider with a long-standing reputation for excellence. The Tire Kingdom brand is owned and operated by Mavis Tire Express Services Corp, a national tire retailer with more than 2,000 locations. The subject property is on a 26,136 square foot site and features a fully equipped automotive service center. Investors have the rare chance to acquire a strategically located property in the thriving market of Longwood, Florida. This attractive property lies on FL- 434, a heavily trafficked corridor with over 41,000 vehicles passing by daily. With its prime positioning and high visibility, it offers a strong potential for continued customer inflow. Longwood is part of the Orlando–Kissimmee–Sanford metropolitan area and stands as an appealing and growing suburban city. Longwood is located approximately 11 miles north of downtown Orlando and enjoys easy access to major highways and transport networks. With the expanding residential and commercial markets of the region, Longwood presents a compelling destination for real estate investments. This unique investment opportunity combines a prime location in a thriving Florida market, and a strong tenant in Tire Kingdom under a long-term NNN lease with rare annual rent increases.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$561 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tire Kingdom-NNN Lease-3% Annual Increases

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,334 SF

ZONING

C-3, Longwood

APN/PARCEL ID

31-20-30-300-031E-0000

ASK ABOUT THIS PROPERTY

Scott SandelinThe Sandelin GroupMore Info
786-522-7009

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Scott SandelinThe Sandelin GroupMore Info
786-522-7009

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