Sold Subscription Required
| Price $5,054,000 | Built/Renov 2020 | Tenant ModWash |
| Cap Rate 6.10% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
3,924
| Lease Start
11-18-2020
| #Units
87
|
| Price/SF $1,287.97 | Expiration
11-17-2040
| Tenant Type Automotive |
| NOI $308,311 | R. Term 15.11 | Ownership Fee Simple |
| Rent/SF
$78.57
| Increases 1.3%/1/yrs | Pop 5Mi 38,879 |
| Lot/AC 2.23 | Options 6/5yrs/1.25% | AHHI 5Mi $67,496 |
| | |
ModWash is strategically located on Horner Boulevard, with access to 26,500 vehicles passing by daily. The property benefits from direct access onto State Highway 87 (28,000 VPD) and US Highway 421 (13,500 VPD), making it a centralized location. Additionally, it is adjacent to the Shops at Cameron Place, Southside Plaza, and Shoppes at Sanford. The surrounding national tenants include Lowe’s,...
...Build to suit
Dense retail corridor
Near major nationals
Strategically located
Highway location
Top 100 MSA
Long 15+ yr lease
Absolute NNN
Annual rent increases
Corporate Guarantee
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 1,486 | 19,232 | 39,069 |
| 2023 Total Population : | 1,467 | 18,538 | 37,805 |
| 2023 Employed Civilian Pop : | 494 | 7,509 | 16,345 |
| 2023 Total Businesses : | 309 | 872 | 1,775 |
| 2023 Average Household Income : | $ 55,677 | $ 63,275 | $ 67,038 |
| 2023 Total Consumer Spending : | $ 23 M | $ 387 M | $ 847 M |
| 2023 Median Age : | 34 | 37 | 38 |
| 2023 Total Households : | 480 | 6,966 | 14,455 |
| 2023 Pop Age 25+: Bachelor's Degree : | 108 | 1,337 | 3,391 |
| 2023 Average Home Value : | $ 158,264 | $ 189,822 | $ 192,509 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Wilson Road | Hwy 87 | 2018 | 8,800 | 0.16 mi |
| South Horner Boulevard | Hwy 87 | 2021 | 26,500 | 0.17 mi |
| Wilson Rd | Hwy 87 | 2012 | 11,000 | 0.19 mi |
| Cox Maddox Rd | 2021 | 22,500 | 0.28 mi | |
| US 421 BUS | Truelove St | 2020 | 10,000 | 0.31 mi |
| 2019 | 10,500 | 0.31 mi | ||
| Rosser Road | S Horner Blvd | 2019 | 3,800 | 0.31 mi |
| Mount Pisgah Church Rd | 2021 | 11,500 | 0.34 mi | |
| Wilson Rd | Lee Ave | 2018 | 2,700 | 0.68 mi |
| US Hwy 421 | 2021 | 1,800 | 0.71 mi |
Salisbury, NC
Cap Rate 6.50%
Lease Abs NNN
R. Term 17.70 yrs
Size/SF 5,383
Robinson, TX
Cap Rate 6.85%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 4,500
Bethlehem, PA
Cap Rate 6.25%
Lease Double NN
R. Term 15.50 yrs
Size/SF 14,860
High Point, NC
Cap Rate 6.50%
Lease Abs NNN
R. Term 17.70 yrs
Size/SF 5,163
Pittsburgh, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.60 yrs
Size/SF 3,510
Vail, AZ
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.90 yrs
Size/SF 4,560
American Fork, UT
Cap Rate 6.50%
Lease Abs NNN
R. Term 8.10 yrs
Size/SF 11,725
Arvada, CO
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.30 yrs
Size/SF 6,357
West Allis, WI
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.30 yrs
Size/SF 3,500
Fort Pierce, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.20 yrs
Size/SF 3,770
Marietta, GA
Cap Rate 6.86%
Lease Abs NNN
R. Term 18.30 yrs
Size/SF 3,206
Palm Bay, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.20 yrs
Size/SF 3,763
Victorville, CA
Cap Rate 6.75%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 5,400
Columbus, GA
Cap Rate 6.90%
Lease Abs NNN
R. Term 18.40 yrs
Size/SF 3,223
Oregon, OH
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.80 yrs
Size/SF 3,760
Marietta, GA
Cap Rate 6.90%
Lease Abs NNN
R. Term 18.40 yrs
Size/SF 3,192
Katy, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 16.11 yrs
Size/SF 4,078
Brooksville, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.90 yrs
Size/SF 5,538
Woodhaven, MI
Cap Rate 6.65%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 3,750
Niceville, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.90 yrs
Size/SF 5,376
Palmdale, CA
Cap Rate 5.10%
Lease Modified Gross
R. Term 3.40 yrs
Size/SF 20,015
Springfield, OH
Cap Rate 6.25%
Lease Abs NNN
R. Term 19.70 yrs
Size/SF 3,345
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
