400 W 434 | Longwood, FL 32750
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- LoopNet Team
400 W 434
Longwood, FL 32750
Firestone Complete Auto Care (Ground Lease) · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- FLORIDA NO INCOME TAX STATE w/ Pro-Business Environment
- NO LANDLORD RESPONSIBILITIES with Ground Lease NNN (Only NNN location on market other than double price BTS locations)
- Corporate store with great clarity from 33 year stabilized history at location & Investment Grade Credit Tenant "A"
- New 10-year extension with (3) 5-year renewal options w/ RARE 10% rent bumps(DOUBLE most others on market at only 5%)
- Very Desirable & Top #4 in Nation Growth Orlando Metro Market
- Low Price Point for Firestone to Florida comps (Almost half) / initial 5.8% cap rate with a blended avg. cap of 6.73% over term
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
6,812 SF
Building Class
C
Year Built
1989
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.82 AC
Zoning
GC - General Commercial
Parking
28 Spaces (3.64 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 06-21-30-300-0090-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $797,145 |
PROPERTY TAXES
Parcel Number
06-21-30-300-0090-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$797,145
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