For Sale
$4,356,640
440 Us-441 Lady Lake, FL 32159
High-Yield Auto Shop Net Lease
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- 7,228 SF Tire Kingdom in Lady Lake, FL, on 0.8 acres.
- Absolute NNN lease with TBC corporate guarantee.
- 25-year lease expiring June 2035, with three 5-year options.
- 6.25% cap rate; NOI $272,289 (based on projected rent increase).
- Rent increases tied to CPI, with a 12% maximum annual increase every five years.
Property Details for 440 Us-441
- Property type
- Retail properties, Auto shops
- Square Feet
- 7,228 SF
- Year Built
- 2010
- Lot Size (sq. ft)
- 34,848 SF
Location Insight
- City
- Lady Lake
- County
- Lake
- State
- Florida
- Latitude
- 28.929615
- Longitude
- -81.9289712
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield Auto Shop Net Lease
- Where is the retail property located?
- The property is located at 440 Us-441 Lady Lake, FL.
- What is the asking price?
- The asking price for this property is $4,356,640.
- What are key features of this property?
- This property features: 7,228 SF Tire Kingdom in Lady Lake, FL, on 0.8 acres.; Absolute NNN lease with TBC corporate guarantee.; 25-year lease expiring June 2035, with three 5-year options.
- 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.
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- 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.
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