Classic Collision Centers - NNN Leases FOR SALE


Fort Lauderdale, FL - Uptown Fort Lauderdale
$7,025,000 USD
954-494-3091
, Fort Lauderdale, FL for Sale
$7,025,000 USD
FOR SALE
1/4
null | 5.2% Cap Rate

Classic Collision Centers - NNN Leases
Fort Lauderdale, FL
Uptown Fort Lauderdale


HIGHLIGHTS

  • Long term NNN credit leases with major publicly traded tenant ( TPG: ( NASDAQ)
  • Minimal landlord responsibilities - roof and structure only
  • Buildings are in excellent condition and have been well-maintained
  • Steady inflation proof business in major metro area

OVERVIEW

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

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Steve HyattBerger Commercial Realty CorpMore Info
954-494-3091

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Steve HyattBerger Commercial Realty CorpMore Info
954-494-3091

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