934 FL-19 - Auto Repair FOR SALE
Palatka, FL 32177 |
$1,238,000 USD
561-427-6699
934 FL-19
Palatka, FL 32177
HIGHLIGHTS
- Long-term corporately backed ground lease to leading auto services provider
- Excellent visibility along State Road 19 and access from signalized intersection
- Absolute Net ground lease provides passive ownership and stable cash flow
- 10% rent increases ever 5 years provides hedge against inflation
- Property is strategically positioned across from Walmart Supercenter on the same side of SR 19
- Take 5 Oil Change operates over 900 locations in the US and Canada and is owned by Driven Brands, the largest automotive services company in the US
OVERVIEW
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this free-standing Take 5 Oil Change with drive-thru service in Palatka, FL. The property is strategically located along Palatka's primary retail corridor with prominent visibility and access from a signalized intersection.
FOR SALE DETAILS
PRICE
$1,238,000 USD
PRICE/SF
$966 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Take 5 Oil Change (Corporate)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Fast Food, Service Station, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.2 AC
LAND SF
8,886 SF
ZONING
C1
APN/PARCEL ID
11-10-26-0000-0701-0000
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561-427-6699
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561-427-6699
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