Log In/Sign Up
Your email has been sent.
Main Street Auto 154 Mingo Trl 8,588 SF Retail Building Longwood, FL 32750 $2,350,000 ($273.64/SF) 7% Cap Rate
Investment Highlights
- Strong Corporate Guarantee
- Brand-New Long-Term Triple-Net (NNN) Lease
- Income Tax Free State
- Affluent Community
Executive Summary
Surmount is pleased to present the exclusive listing for a Main Street Auto located at 154 Mingo Trail, Longwood, FL 32750. The site consists of roughly 8,588 rentable square feet of building space on an estimated 0.47-acre parcel of land. This Main Street Auto is subject to a 20-year Triple Net (NNN) lease, which commenced 2/20/2025. The current annual rent is $164,500 and has scheduled increases of 2.00% Annually starting 3/1/2031.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,588 SF
Building Class
C
Year Built
1973
Price
$2,350,000
Price Per SF
$273.64
Cap Rate
7%
NOI
$164,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.42
Lot Size
0.47 AC
Zoning
IND - Medium Industrial
Frontage
140’ on Mingo
Amenities
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 06-21-30-300-018J-0000 | Improvements Assessment | $835,496 |
| Land Assessment | $235,850 | Total Assessment | $1,071,346 |
Property Taxes
Parcel Number
06-21-30-300-018J-0000
Land Assessment
$235,850
Improvements Assessment
$835,496
Total Assessment
$1,071,346
Contacts
-
Edward Otocka -
Francis Purritano -
Walker Stevens -
Glen Kunofsky -
Christopher Marks -
Surmount
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Main Street Auto | 154 Mingo Trl
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.