771 Charlotte Rd - Specialty FOR SALE
Auburndale, FL 33823 |
$2,571,000 USD
760-642-9942
771 Charlotte Rd
Auburndale, FL 33823
HIGHLIGHTS
- Long-Term Income Security – 15-year lease provides strong security of income.
- Prime Retail Location – Surrounded by national brands including Harbor Freight, Walgreens, Popeyes, McDonald’s, Publix, Save A Lot, and Citgo, driving
- Zero Landlord Responsibilities – Absolute NNN lease structure has zero landlord responsibilities.
- Income Tax-Free State of Florida.
- Rent Increase – 10% rent increases every five years help offset inflation.
- Expanding Market – Local population projected to grow at 4.1% annually within a 3-mile radius.
FOR SALE DETAILS
PRICE
$2,571,000 USD
PRICE/SF
$547 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
GREASE MONKEY
PROPERTY TYPE
Specialty
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
-
YEAR BUILT
2009
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.67 AC
LAND SF
29,055 SF
ZONING
XX
APN/PARCEL ID
25-28-13-340500-000120
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
760-642-9942
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
760-642-9942
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
