Investment Property For Sale
Retail | 7.11% CAP | 6,334 SqFt
Marketing description
+/- 0.582 acres, featuring a standalone building currently under an NNN lease. Safelite has a 3% annual rent increase and has invested approximately $800,000 in improvements to the building. Situated near the core retail trade area, the property boasts convenient access to Eglin Pkwy SE, with a traffic volume of 37,000 AADT. Safelite AutoGlass currently occupies the single-tenant building, ensuring a stable lease arrangement. The surrounding area is populated by well-known retailers and restaurants, including Party City, CVS, Dollar Tree, Ulta Beauty, Family Dollar, Waffle House, McDonald's, Chick-fil-A, Five Guys, and more.
Investment highlights
Direct visibility from Hollywood Blvd
Investment property
Tenant recently invested $800K into the building
Zoned: GC Commercial
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