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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27766991
27766992

532 Northlake Blvd, North Palm Beach, FL 33408

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa
$1,741,500
227 days on market
Updated 22 days ago

Goodyear - North Palm Beach FL

Details
Property Type Retail
Sub Type Auto Shop, Storefront
Square Footage 6,434
Cap Rate 5%
NOI $87,075
Tenancy Single
Brand/Tenant Goodyear Auto Service
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 06/30/2037
Remaining Term 11.1
Rent Bumps Yes
Lease Options 6 (5-Year)
Year Built 1970
Year Renovated 1980
Acreage 0.830
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 06/23/2022
Ownership Fee Simple

Retail | 5.00% CAP | 6,434 SqFt

Marketing description

11+ Years Remaining | Corporate Lease Signature | Scheduled 10% Rental Increases

Listing Contacts

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$87,075.00
$7,256.25/mo

Valuation Metrics

0
DSCR
5%
Cap Rate
5%
ROI

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Additional Information

Name
Patrick Nutt
License
BK3120739
Name
William Wamble
License
SL3257920
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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