440 N Us Highway 441 - Freestanding FOR SALE


Lady Lake, FL 32159
$3,933,000 USD
248-702-0288
440 N Us Highway 441, Lady Lake, FL for Sale
$3,933,000 USD
Freestanding - FOR SALE
1/2
null | 6.5% Cap Rate

440 N Us Highway 441
Lady Lake, FL 32159


HIGHLIGHTS

  • Absolute "NNN" Lease - Zero Landlord Responsibilities
  • Single Tenant Net Lease Tire Kingdom | 10+ Years Remaining | Lease Guaranteed by - TBC Corporation
  • The Villages Area - Which Includes Lady Lake, Wildwood, and Fruitland Park - Was The Fastest-Growing MSA in The U.S. From 2022 - 2023
  • Rapidly Growing Market | 2020-2024 There Was a 13%+ Population Increase | With a Projected Population Growth of 19.69% By 2029
  • Attractive CPI Increases Every 5 Years | CPI Increase is Capped at 12%
  • Subject Property Benefits From Being Located in Florida, An Income Tax-Free State

OVERVIEW

Absolute "NNN" Lease - Zero Landlord Responsibilities Single Tenant Net Lease Tire Kingdom | 10+ Years Remaining | Lease Guaranteed by - TBC Corporation The Villages Area - Which Includes Lady Lake, Wildwood, and Fruitland Park - Was The Fastest-Growing MSA in The U.S. From 2022-2023, According to The U.S. Census Rapidly Growing Market | 2020-2024 There Was a 13%+ Population Increase | With a Projected Population Growth of 19.69% By 2029 Attractive CPI Increases Every 5 Years | CPI Increase is Capped at 12% Subject Property Benefits From Being Located in Florida, An Income Tax-Free State Excellent Retail Corridor with Strong Traffic Counts | North U.S. Hwy 441 & County Rd 25 Exceed 30,000 VPD Subject Property Out-Parcels (3) National Tenant - Ulta, Boot Barn, and Sportsman's Warehouse. While Being Adjacent To The Following National Tenants: McDonald's, Five Below, Dollar Tree, Kohl's, Chipotle, Home Depot, Best Buy, PetSmart, and Many More

FOR SALE DETAILS

PRICE

$3,933,000 USD

PRICE/SF

$549 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tire Kingdom

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

-

APN/PARCEL ID

08-18-24-1001-000-00100

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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