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| Price $3,187,000 | Built/Renov 2023 | Tenant Brakes Plus |
| Cap Rate 5.50% | Lease Type
Abs NNN | Guarantor Corp Rated |
| Size/SF
4,975
| Lease Start
11-01-2023
| #Units
153
|
| Price/SF $640.60 | Expiration
10-31-2043
| Tenant Type Automotive |
| NOI $175,308 | R. Term 19.1 | Ownership Fee Simple |
| Rent/SF
$35.24
| Increases 10.0%/4/yrs | Pop 5Mi 173,284 |
| Lot/AC 0.86 | Options 4/5yrs/10% | AHHI 5Mi $132,073 |
| | |
Brakes Plus is strategically located on E Woodmen Road, with access to 16,500 vehicles passing by daily. The property is positioned adjacent to Challenger Homes and the Townes at Woodman Heights Development, it also fronts the Banning Lewis Ranch Community. The vicinity boasts proximity to major military installations including Peterson Air Force Base and Schriever Air Force Base. Surrounding...
...New construction
Build to suit
Dense retail corridor
Near major nationals
Top 100 MSA
Strong demographics
Long 15+ yr lease
Absolute NNN
Corporate Guarantee
Credit rated company
Brakes Plus is a full-service auto repair and maintenance shop. The company provides brake repair, maintenance, air conditioning, clutch repair, axles, engine repair, transmission, radiators,...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 15,873 | 72,222 | 192,025 |
| 2023 Total Population : | 15,367 | 70,267 | 186,118 |
| 2023 Employed Civilian Pop : | 6,213 | 27,565 | 79,030 |
| 2023 Total Businesses : | 259 | 2,142 | 7,217 |
| 2023 Average Household Income : | $ 95,321 | $ 102,687 | $ 88,279 |
| 2023 Total Consumer Spending : | $ 560 M | $ 2385 M | $ 5502 M |
| 2023 Median Age : | 35 | 34 | 34 |
| 2023 Total Households : | 6,748 | 26,723 | 71,529 |
| 2023 Pop Age 25+: Bachelor's Degree : | 2,232 | 9,634 | 23,271 |
| 2023 Average Home Value : | $ 445,635 | $ 473,286 | $ 420,716 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| EASTMEADODR | Glenmeadow Dr | 2019 | 2,500 | 0.17 mi |
| Bayfield Dr | Quail Lake Rd | 2011 | 2,413 | 0.29 mi |
| BAYFIELD DR | Cheyenne Meadows Rd | 2019 | 2,600 | 0.30 mi |
| Cheyenne Meadows Road | Westmeadow Dr | 2021 | 18,558 | 0.41 mi |
| Cheyenne Meadows Rd | Westmeadow Dr | 2015 | 18,874 | 0.44 mi |
| State Hwy 115 | Star Ranch Rd | 2006 | 29,000 | 0.46 mi |
| State Highway 115 | Star Ranch Rd | 2022 | 26,000 | 0.53 mi |
| Star Ranch Road | Hwy 115 | 2021 | 8,892 | 0.53 mi |
| Oak Creek Dr E | Ashwood Cir | 2016 | 420 | 0.55 mi |
| Oak Creek Dr E | Oak Creek Dr W | 2016 | 548 | 0.58 mi |
Lexington, SC
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Cap Rate 6.25%
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Cap Rate 5.22%
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Size/SF 2,079
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
