Listed by SRS Real Estate Partners Tampa
$1,741,500
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
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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