154 Mingo Trl - Auto Repair FOR SALE


Longwood, FL 32750- Northeast Orlando
$2,455,714 USD
332-345-4222
154 Mingo Trl, Longwood, FL for Sale
$2,455,714 USD
Auto Repair - FOR SALE
1/3
null | 7% Cap Rate

154 Mingo Trl
Longwood, FL 32750
Northeast Orlando


HIGHLIGHTS

  • Brand New, Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Attractive Rental Increases
  • Corporate Guarantee
  • Income Tax Free State

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Main Street Auto located at 154 Mingo Trail, Longwood, Florida 32750. The site consists of roughly 8588 rentable square feet of building space on an estimated 0.47-acre parcel of land. This Main Street Auto is subject to a 20-year Triple Net (NNN) lease, which commenced 12/17/2024. The current annual rent is $171,900 and has scheduled increases of 2.00% Annually Starting Year 6.

FOR SALE DETAILS

PRICE

$2,455,714 USD

PRICE/SF

$290 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Main Street Auto

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

I-2, Longwood

APN/PARCEL ID

06-21-30-300-018J-0000

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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