2420 Moody Blvd - Freestanding FOR SALE


Flagler Beach, FL 32136
$3,303,571 USD
332-345-4222
2420 Moody Blvd, Flagler Beach, FL for Sale
$3,303,571 USD
Freestanding - FOR SALE
1/2
null | 5.5% Cap Rate

2420 Moody Blvd
Flagler Beach, FL 32136


HIGHLIGHTS

  • 20-Year Absolute Triple Net (NNN) Lease
  • Strong Corporate Guarantee
  • Recession Resistant Due to Non Discretionary Nature of Services
  • Attractive Rent Increases

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Mavis Discount Tire located at 2420 Moody Blvd, Flagler Beach, FL 32136. The site consists of roughly 6,979 rentable square feet of building space on an estimated 1.15-acre parcel of land. This Mavis Discount Tire is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $181,696 and has scheduled increases of 5.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$3,303,571 USD

PRICE/SF

$473 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mavis Discount Tire

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

-

APN/PARCEL ID

11-12-31-0385-00000-0030

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.