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| Price $2,281,000 | Built/Renov 1995 | Tenant SimplyTrue Automotive Group |
| Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
4,200
| Lease Start
08-01-2024
| #Units
14
|
| Price/SF $543.10 | Expiration
07-31-2039
| Tenant Type Automotive |
| NOI $136,872 | R. Term 14.8 | Ownership Fee Simple |
| Rent/SF
$32.59
| Increases 1.5%/1/yrs | Pop 5Mi 12,789 |
| Lot/AC 0.75 | Options 4/5yrs/1.5% | AHHI 5Mi $118,367 |
| | |
SimplyTrue Automotive Group is strategically located on Devereux Road, with access to 12,000 vehicles passing by daily. The property is situated just south of U.S. Highway 6, a major east/west thoroughfare with 27,000 VPD. Additionally, it is in proximity to Glenwood Meadows Shopping Center, which features well-known national tenants such as Lowe’s Home Improvement, Target, Marshalls, and Big...
...Build to suit
Near major nationals
Strategically located
Freeway visibility
Affluent AHHI $100K 5 Mi
Brand new lease
Long 15+ yr lease
Absolute NNN
Accelerated depreciation
Corporate Guarantee
SimplyTrue Automotive Group was formed in October of 2021 when leaders within SimplyEuro, TRUE Automotive, and Blair Automotive set out to create the new industry standard for automotive service...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 3,983 | 9,589 | 13,455 |
| 2024 Total Population : | 3,693 | 9,143 | 12,846 |
| 2024 Employed Civilian Pop : | 2,194 | 5,579 | 8,135 |
| 2024 Total Businesses : | 207 | 898 | 1,102 |
| 2024 Average Household Income : | $ 110,478 | $ 108,710 | $ 125,262 |
| 2024 Total Consumer Spending : | $ 131 M | $ 338 M | $ 540 M |
| 2024 Median Age : | 38 | 39 | 39 |
| 2024 Total Households : | 1,374 | 3,594 | 5,013 |
| 2024 Pop Age 25+: Bachelor's Degree : | 711 | 1,571 | 2,191 |
| 2024 Average Home Value : | $ 625,562 | $ 670,061 | $ 746,591 |
Jasper, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 8.11 yrs
Size/SF 5,396
Mount Ephraim, NJ
Cap Rate 6.40%
Lease NN+
R. Term 15.30 yrs
Size/SF 7,128
Broken Bow, OK
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 3,025
Calexico, CA
Cap Rate 5.60%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 3,600
Derby, KS
Cap Rate 6.75%
Lease Abs NNN
R. Term 13.50 yrs
Size/SF 1,770
Albuquerque, NM
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 1,438
Hammond, LA
Cap Rate 6.15%
Lease Abs NNN
R. Term 11.20 yrs
Size/SF 4,732
Murphy, NC
Cap Rate 7.00%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 2,065
Madison, AL
Cap Rate 6.65%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 1,663
Jacksonville, FL
Cap Rate 6.25%
Lease Abs NNN
R. Term 20.00 yrs
Size/SF 4,231
Wesley Chapel, FL
Cap Rate 5.60%
Lease Double NN
R. Term 14.00 yrs
Size/SF 7,225
Woodstock, GA
Cap Rate 6.75%
Lease Abs NNN
R. Term 13.11 yrs
Size/SF 1,725
Largo, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 12.20 yrs
Size/SF 7,725
Covington, LA
Cap Rate 6.15%
Lease Abs NNN
R. Term 11.20 yrs
Size/SF 4,732
Des Plaines, IL
Cap Rate 6.65%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,700
Harrisburg, PA
Cap Rate 6.75%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 1,619
Bullhead City, AZ
Cap Rate 6.00%
Lease Abs NNN
R. Term 13.30 yrs
Size/SF 1,438
Chesapeake, VA
Cap Rate 6.25%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 1,674
Hildago, TX
Cap Rate 5.70%
Lease Abs NNN
R. Term 14.40 yrs
Size/SF 1,418
Coal City, IL
Cap Rate 5.80%
Lease Double NN
R. Term 12.80 yrs
Size/SF 7,225
Cincinnati, OH
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 5,906
Las Cruces, NM
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 1,430
Jasper, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 9.20 yrs
Size/SF 5,396
Allentown, PA
Cap Rate 6.57%
Lease Abs NNN
R. Term 16.80 yrs
Size/SF 9,745
Cookeville, TN
Cap Rate 6.35%
Lease Modified Gross
R. Term 15.20 yrs
Size/SF 6,912
Duluth, GA
Cap Rate 6.19%
Lease Double NN
R. Term 13.00 yrs
Size/SF 9,603
El Paso, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 1,438
Cleburne, TX
Cap Rate 5.15%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 2,824
Stockbridge, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 17.50 yrs
Size/SF 3,754
Tucson, AZ
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 1,438
Acworth, GA
Cap Rate 5.85%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 2,148
San Angelo, TX
Cap Rate 5.15%
Lease Abs NNN
R. Term 18.11 yrs
Size/SF 1,500
Waterford Township, MI
Cap Rate 5.45%
Lease Double NN
R. Term 14.20 yrs
Size/SF 7,225
Irwin, PA
Cap Rate 5.90%
Lease Double NN
R. Term 9.10 yrs
Size/SF 7,225
Tucson, AZ
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 1,490
Round Rock, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 2,200
Sauk Rapids, MN
Cap Rate 6.33%
Lease Double NN
R. Term 12.11 yrs
Size/SF 24,500
Wilmington, NC
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 1,174
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
