Crash Champions

135 Baywood Avenue, Longwood, FL 32750

$1,700,000

Cap Rate 5.96%

Views: 78 DOM: 140 Updated: 08.22.24 Posted: 04.20.24 Status: Active

Summary

Price $1,700,000	Built/Renov 1985	Tenant Crash Champions
Cap Rate 5.96%	Lease Type Double NN	Guarantor Corporate
Size/SF 12,460	Lease Start 07-01-2018	#Units 600
Price/SF $136.44	Expiration 06-30-2028	Tenant Type Automotive
NOI $101,334	R. Term 3.9	Ownership Fee Simple
Rent/SF $8.13	Increases 3.0%/1/yrs	Pop 5Mi 183,813
Lot/AC 0.92	Options 1/5yrs/3%	AHHI 5Mi $102,239

Lease Highlights

Crash Champions has 4+ years remaining on the current lease term with 1 (5-year) option to extend
The lease features 3% annual rental escalations throughout the initial term and option period
Below market rent
Corporate guaranteed lease

Location Description

Crash Champions is strategically located off N. Ronald Reagan Blvd., with access to 27,000 vehicles passing by daily. The property is conveniently situated less than 3 miles from I-4, where the traffic count reaches 162,500 VPD, offering users direct on/off ramp access. The immediate area is surrounded by well-known national tenants, including Advanced Auto Parts, Dollar General, Sonic,...

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Key Features

Build to suit
Dense retail corridor
Near major nationals
Strategically located
Top 100 MSA
Strong demographics
Income tax free state
Below Market Rent
Annual rent increases
Corporate Guarantee

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Links

Crash Champions Wikipedia Longwood, Florida Zip Code 32750 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Crash Champions
Guarantor:Corporate
Company:Crash Champions
# Units:600
Stock:Private

About Tenant

Crash Champions began in 1999 with a small shop in New Lenox, IL, New Lenox Auto Body. After over 15 years of owning a small neighborhood collision center, Matt Ebert wanted to bring his vision to...

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Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	7,622	67,051	185,446
2023 Total Population :	7,444	65,857	183,813
2023 Employed Civilian Pop :	4,434	37,121	102,900
2023 Total Businesses :	327	4,819	11,411
2023 Average Household Income :	$ 110,206	$ 100,163	$ 102,239
2023 Total Consumer Spending :	$ 268 M	$ 2229 M	$ 6618 M
2023 Median Age :	42	42	42
2023 Total Households :	2,835	25,805	75,061
2023 Pop Age 25+: Bachelor's Degree :	1,331	12,117	37,365
2023 Average Home Value :	$ 352,554	$ 350,988	$ 368,572

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
N Ronald Reagan Blvd	Applewood Dr	2012	25,892	0.20 mi
N Ronald Reagan Blvd	General Hutchinson Pkwy	2012	23,140	0.43 mi
Longwood Hills Rd	Lazy Acres Ln	2010	9,614	0.48 mi
General Hutchinson Pkwy	Timocuan Way	2012	4,500	0.52 mi
Longwood Lake Mary Rd	Joyful Blossom Pl	2012	16,000	0.66 mi
N Ronald Reagan Blvd	12th Ave	2012	27,042	0.69 mi
N Ronald Reagan Blvd	Big Tree Dr	2010	20,007	0.89 mi
Longwood Hills Rd	Lake Emma Rd	2012	10,613	0.94 mi
General Hutchinson Parkway	Hwy 17	2021	4,100	0.97 mi
General Hutchinson Parkway	Hwy 17	2022	4,100	0.97 mi

Listing Broker

William Wamble

SRS National Net Lease Group

Contact

171 Listings
14848 Views
40 Sold

Patrick Nutt

SRS National Net Lease Group

Contact

247 Listings
19867 Views
83 Sold

William Wamble

Will Wamble joined SRS in early 2019 and specializes in the advisory and sale of net leased properties, specifically in the Southeast. With more than $350M worth of transactional experience in his career, Will prides himself on valuing hard work and dedication to his clients. Will emphasizes collaboration and putting the best team together to find creative solutions to getting transactions completed. He started his commercial real estate career in 2013 with Marcus & Millichap where he focus

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Patrick Nutt

Patrick Nutt joined SRS as executive vice president for the National Net Lease Group and market leader in the Fort Lauderdale office in 2019. He leads the Fort Lauderdale office where he is tasked with recruiting and expansion efforts in the region and elevating the SRS brand throughout Florida. Additionally, Patrick Co-heads the National Net Lease Group for SRS, a group of 50 investment sales professionals who in 2020 managed over 500 transactions with an aggregate value of nearly $2 Billion

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