For Sale
$4,356,640
440 Us-441Lady Lake, FL 32159
High-Yield Auto Shop Net Lease
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 115
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
440 Us-441, Lady Lake, Florida
Nearby Similar for Sale
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