Prime Investment Opportunity - Two NNN Leased Collision Centers located in Fort Lauderdale ,Florida. Both Collison Centers are leased to Classic Collision, owned by publicly traded TPG: ( NASDAQ), a nationwide chain with over 300 centers across the United States. Current leases expire in August of 2035 with three(3) additional five(5) year options to renew. Minimal Landlord responsibilities. Profitable locations in SE and NE Fort Lauderdale in middle of major South Florida population center.
Can also be acquired individually :
SE Fort Lauderdale location- 1927 SW 1st Avenue - Asking Price - $2,300,000- NOI $119,700 - 5.2% Cap Rate
NE Fort Lauderdale locations -1165 NW 55 Street/1140 NW 55 Street/1101 NW 54 Street/1111 NW 54th Street - Asking Price- $4,725,000-NOI $245,700- 5.2% Cap Rate
Call Steve Hyatt at (954) 494-3091 or email at SHyatt@bergercommercial.com for additional information of CA and full Offering Memorandum