For Sale
$5,500,000

900 Us Highway 27South Bay, FL 33493

Turn-key operation, high NOI, prime location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional, turn-key truck service center in South Bay, Florida, presents a rare investment opportunity. Boasting 193,842 square feet on approximately 4.5 acres of land along US Hwy 27, this property includes an automated truck wash, a two-bay mechanic shop with a service pit offering comprehensive services (lube/oil changes, diagnostics, engine and brake repair, tire services, fuel systems, preventative maintenance, cooling systems, electrical, and welding), a retail store for truck parts and accessories, and ample parking for approximately 20 full combo rig trucks. The property benefits from a high daily traffic count (18,400 vehicles) on a major north-south travel corridor and established distribution relationships with protected territories, allowing for increased profit margins. The current NOI is $425,000, representing a 7.73% cap rate on the $5,500,000 asking price. Significant expansion potential exists in areas such as cold storage, self-storage, and online sales/export of parts and accessories. This property is strategically located in South Florida and is suitable for E2/L1/EB5 investment visas. The property's diverse revenue streams and established infrastructure make it an attractive investment for both experienced and emerging entrepreneurs in the transportation and logistics industry.

Highlights

  • $5,500,000 asking price for a turn-key truck service center.
  • 193,842 square feet on approximately 4.5 acres in South Bay, Florida.
  • $28.37 price per square foot, with a 7.73% cap rate and $425,000 NOI.
  • Located on US Hwy 27, a major North-South travel corridor with an average daily traffic count of 18,400.
  • Includes a two-bay mechanic shop, automated truck wash, parts and accessories retail store, and ample storage space.

Property Details for 900 Us Highway 27

Property type
Specialty properties, Auto shops
Square Feet
193,842 SF

Location Insight

City
South Bay
County
Palm Beach
State
Florida
Latitude
26.6768228
Longitude
-80.7231092
900 Us Highway 27, South Bay, Florida

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900 Us Highway 27
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