8895 Lantana Rd - Auto Repair FOR SALE


Lake Worth, FL 33467- Outer Royal Palm Beach/Wellington
$4,034,160 USD
202-847-4200
8895 Lantana Rd, Lake Worth, FL for Sale
$4,034,160 USD
Auto Repair - FOR SALE
1/6
null | 5% Cap Rate


HIGHLIGHTS

  • Long Term Lease
  • Fixed Rent Increases
  • Zero Landlord Responsibilities
  • Strong Corporate Tenant
  • Strategic Location
  • Recession Resistant Investment

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive sale of a corporate Firestone investment property located at 8895 Lantana Road in Lake Worth, Florida (the “Property”). The single tenant net leased Firestone was constructed in 2022 and contains 6,110 square feet on a 1.12-acre parcel. Firestone has 11+ years remaining on their lease with five (5), 5-year renewal options. The lease calls for attractive 5% rent increases every five years throughout the primary lease term and at the start of the renewal options. The Property is strategically located along Lantana Road, a primary commercial and commuter corridor, at its signalized intersection with Lyons Road. Firestone benefits from strong visibility and convenient access, positioning it to capture consistent traffic from both local residents and daily commuters. The surrounding area features a mix of national and local retailers and restaurants that contribute to steady consumer activity. In addition, the Property is supported by a dense population base, including large master-planned communities, established residential neighborhoods, apartment complexes, and nearby schools, all of which provide a reliable built-in customer base.

FOR SALE DETAILS

PRICE

$4,034,160 USD

PRICE/SF

$660 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Firestone

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

CG

APN/PARCEL ID

00-42-44-31-05-001-0060

ASK ABOUT THIS PROPERTY

Kyle DanielsonHorvath & TremblayMore Info
202-847-4200

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Kyle DanielsonHorvath & TremblayMore Info
202-847-4200

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