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32934704
32934703

3001 Cypress Gardens Road, Winter Haven, FL 33884 For Sale

MM
CA CA 02117365
Century Partners RE
MK
CA CA 01995909
Century Partners RE
SR
MO 2019024102
Listed by Century Partners RE
$1,444,444
60 days on market
Updated 17 days ago

Nations Auto Glass – 15-Year Absolute NNN

Details
APN 26-28-35-662630-002061
Property Type Retail
Square Footage 1,201
Units 18
Cap Rate 6.25%
NOI $97,500
Tenancy Single
Brand/Tenant Jiffy Lube, Take 5 Oil Change (+4)
Lease Type Absolute NNN
Lease Term 15
Rent Bumps Yes
Year Built 1964
Year Renovated 2026
Acreage 0.520
Parking Spaces 18 spaces
Parking per 1,000 SqFt 14.99
Investment Type Net Lease
Ground Lease No

Adjacent to Legoland Florida Resort | High Growth Market

Marketing description

Winter Haven, Florida is one of the fastest-growing mid-sized markets in the country, anchoring the Tampa-Orlando corridor in the heart of Polk County, which has consistently ranked among the top counties in the United States for population growth in recent U.S. Census releases. This sustained in-migration, combined with an expanding consumer base, drives steady demand for essential service retail, automotive services, and necessity-based tenants along established commercial corridors like Cypress Gardens Road.

Known as the "Chain of Lakes City" for its more than two dozen interconnected lakes, Winter Haven is the home of LEGOLAND Florida Resort, which draws an estimated 1.5-2 million annual visitors and is the city's largest single employer. The local economy is further anchored by Winter Haven Hospital (BayCare Health System), Polk State College's main campus, and the CSX Winter Haven Intermodal Terminal, a major rail-to-truck logistics hub that has driven significant industrial and distribution development across the surrounding submarket.

Direct connectivity via US-17, Cypress Gardens Boulevard, and Interstate 4 (approximately 12 miles north) places Winter Haven within roughly an hour of both Tampa and Orlando, making it a compelling alternative to coastal Florida markets for investors targeting demographic tailwinds and durable cash flow at a more accessible entry point.

Investment highlights

  • New 15-Year Absolute NNN lease with 10% rent increases every 5 years
  • Full renovation underway, significant tenant investment into property
  • High Growth Market: Projected 2.9% annual population growth through 2030
  • Established National Operator with 19+ Locations across 5 states
  • Direct frontage on Cypress Gardens Road
  • Located along primary east-west retail corridor connecting Winter Haven to LEGOLAND Florida Resort
  • Average household income of $97,000+
  • Located in one of the fastest growing counties in Florida, supported by strong tourism, healthcare, and logistics sectors.
  • Limited auto glass competition within the immediate trade area
  • National brands nearby including Walmart, Walgreens, Publix, Starbucks, and more.
  • Nations Auto Glass: established national auto glass operator with 19 stores open and operating across 5 states and 40+ in development pipeline
  • Parent Company Auto Glass Brands has 35+ years of operating history

Listing Contacts

MM
CA CA 02117365
Century Partners RE
MK
CA CA 01995909
Century Partners RE
SR
MO 2019024102
Listed by Century Partners RE

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$97,500.00
$8,125.00/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

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