903 Ohio Ave S - Auto Repair FOR SALE


Live Oak, FL 32064
$1,381,041 USD
214-692-2289
903 Ohio Ave S, Live Oak, FL for Sale
$1,381,041 USD
Auto Repair - FOR SALE
1/4
null | 5.75% Cap Rate

903 Ohio Ave S
Live Oak, FL 32064


HIGHLIGHTS

  • 2019 retrofit of former Super Lube building
  • The subject property qualifies for bonus depreciation (consult with your tax professional)
  • ±9-years remaining on an absolute NNN lease with zero landlord responsibilities
  • 10% rent increases every 5 years for the life of the lease (base term and options)
  • Corporate guarantee from Driven Brands
  • Traffic counts exceed ±17,992 vehicles daily

OVERVIEW

Broker of Record Kyle Matthews License No. CQ1066435 (FL) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$1,381,041 USD

PRICE/SF

$910 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

-

APN/PARCEL ID

26-02S-13E-07579-020010

ASK ABOUT THIS PROPERTY

Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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