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Classic Collision Centers - NNN Leases 2 Properties Offered at $7,025,000 in Fort Lauderdale, FL
INVESTMENT HIGHLIGHTS
- Long term NNN credit leases with major publicly traded tenant ( TPG: ( NASDAQ)
- Buildings are in excellent condition and have been well-maintained
- Minimal landlord responsibilities - roof and structure only
- Steady inflation proof business in major metro area
EXECUTIVE SUMMARY
Prime Investment Opportunity - Two NNN Leased Collision Centers located in Fort Lauderdale ,Florida. Both Collison Centers are leased to Classic Collision, owned by publicly traded TPG: ( NASDAQ), a nationwide chain with over 300 centers across the United States. Current leases expire in August of 2035 with three(3) additional five(5) year options to renew. Minimal Landlord responsibilities. Profitable locations in SE and NE Fort Lauderdale in middle of major South Florida population center.
Can also be acquired individually :
SE Fort Lauderdale location- 1927 SW 1st Avenue - Asking Price - $2,300,000- NOI $119,700 - 5.2% Cap Rate
NE Fort Lauderdale locations -1165 NW 55 Street/1140 NW 55 Street/1101 NW 54 Street/1111 NW 54th Street - Asking Price- $4,725,000-NOI $245,700- 5.2% Cap Rate
Call Steve Hyatt at (954) 494-3091 or email at SHyatt@bergercommercial.com for additional information of CA and full Offering Memorandum
Can also be acquired individually :
SE Fort Lauderdale location- 1927 SW 1st Avenue - Asking Price - $2,300,000- NOI $119,700 - 5.2% Cap Rate
NE Fort Lauderdale locations -1165 NW 55 Street/1140 NW 55 Street/1101 NW 54 Street/1111 NW 54th Street - Asking Price- $4,725,000-NOI $245,700- 5.2% Cap Rate
Call Steve Hyatt at (954) 494-3091 or email at SHyatt@bergercommercial.com for additional information of CA and full Offering Memorandum
PROPERTY FACTS
| Price | $7,025,000 | Number of Properties | 2 |
| Price / SF | $428.04 / SF | Individually For Sale | 2 |
| Cap Rate | 5.20% | Total Building Size | 16,412 SF |
| Sale Type | Investment NNN | Total Land Area | 1.00 AC |
| Status | Active |
| Price | $7,025,000 |
| Price / SF | $428.04 / SF |
| Cap Rate | 5.20% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 16,412 SF |
| Total Land Area | 1.00 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1165 NW 55th St, Fort Lauderdale, FL 33309 | Industrial | 11,133 SF | 1971 | $4,725,000 |
| 1927 SW 1st Ave, Fort Lauderdale, FL 33315 | Retail | 5,279 SF | 1953 | $2,300,000 |
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Classic Collision Centers - NNN Leases
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