For Sale
$1,650,000

11600 Overseas Hwy Marathon, FL 33050

High-return, NNN-leased warehouse in Marathon, FL

Property records and analytics

Overview

Added:
Feb 3
Days on market:
82
This exceptional investment opportunity presents a 7,130-square-foot freestanding commercial warehouse in Marathon, Florida, situated directly on US Highway 1, offering excellent visibility and accessibility. Built in 1974 and extensively remodeled in 2018-2019, the property boasts a new hurricane-rated metal roof, updated HVAC systems, ADA-compliant bathrooms, and new LED lighting throughout. The interior and exterior have been freshly painted, and a new hurricane-proof loading dock door has been installed. The building is fully insulated and attractively landscaped. A long-term, nationally recognized tenant, Advanced Discount Auto Parts, has occupied the space since 1991 under an absolute NNN lease, significantly reducing owner responsibilities. The current lease runs until February 2032, with three additional five-year renewal options extending to 2047, featuring escalating monthly rent: $5,954 from March 2022 to February 2027

Property Details for 11600 Overseas Hwy

Property type
Commercial real estate
Year Built
1974

Location Insight

City
Marathon
County
Monroe
State
Florida
Latitude
24.73043
Longitude
-81.03165

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FAQs

What type of property is this?
Commercial real estate - High-return, NNN-leased warehouse in Marathon, FL
Where is the commercial real estate located?
The property is located at 11600 Overseas Hwy Marathon, FL.
What is the asking price?
The asking price for this property is $1,650,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
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(305) 289-0621

Contacts

Lynn Thompson

Learn more

Useful Information

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Overseas Hwy
Marathon, FL 33050

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Overseas Hwy
Marathon, FL 33050

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

11600 Overseas Hwy
  • Lynn Thompson
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