35971 US Hwy 27 N - Freestanding FOR SALE


Haines City, FL 33844
$1,143,000 USD
954-400-2748
35971 US Hwy 27 N, Haines City, FL for Sale
$1,143,000 USD
Freestanding - FOR SALE
1/11
null | 5.25% Cap Rate

35971 US Hwy 27 N
Haines City, FL 33844


HIGHLIGHTS

  • 7+ Years Remaining | Options to Extend | Scheduled Rental Increases | Corporate Signed
  • Absolute NNN Ground Lease | Leased Fee Ownership | Zero Landlord Responsibilities | No State Income Tax
  • Fronting US Hwy 27 | Part of Citrus Crossing | New Developments | Surrounding Big Box Retailers

OVERVIEW

• 10-year lease with 7+ years remaining and 4 (5-year) options to extend, demonstrating their commitment to the site • The franchisee signed lease features 10% rental increases every 5 years throughout the initial term and option periods, growing NOI and hedging against inflation • Take 5 Oil Change® expands total footprint to over 900 locations across the U.S. and Canada, with over 950 additional locations in pipeline, providing a multi-year runway for growth

FOR SALE DETAILS

PRICE

$1,143,000 USD

PRICE/SF

$785 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change | 8+yrs Remain Corp Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

CG

APN/PARCEL ID

27-27-20-749034-000020

ASK ABOUT THIS PROPERTY

Connor BartonSRS Real Estate PartnersMore Info
954-400-2748

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Connor BartonSRS Real Estate PartnersMore Info
954-400-2748

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