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| Price $2,905,000 | Built/Renov 2007/2024 | Tenant Brakes Plus |
| Cap Rate 6.15% | Lease Type
NN+ | Guarantor Corp Rated |
| Size/SF
6,500
| Lease Start
05-01-2024
| #Units
153
|
| Price/SF $446.92 | Expiration
04-30-2034
| Tenant Type Automotive |
| NOI $178,750 | R. Term 9.5 | Ownership Fee Simple |
| Rent/SF
$27.50
| Increases 7.5%/10/yrs | Pop 5Mi 50,012 |
| Lot/AC 0.98 | Options 4/5yrs/7.5% | AHHI 5Mi $98,037 |
| | |
Brake Plus is strategically located near the signalized, hard corner intersection of U.S. Highway 89 and E. Marketplace Dr., with access to a combined daily traffic count of 36,700 vehicles. The property benefits from nearby direct on/off ramp access to U.S. Highway 180, a major thoroughfare averaging 66,400 VPD. Furthermore, the site is ideally situated as an outparcel to Flagstaff Mall, a...
...Build to suit
Dense retail corridor
Shopping Ctr out-parcel
Highway location
Affluent suburb location
Brand new lease
Long 10+ yr lease
Favorable NN+ lease
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,...
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| United States Highway 89 | E Railhead Ave | 2002 | 26,585 | 0.11 mi |
| East Marketplace Drive | N Test Dr | 2018 | 4,772 | 0.47 mi |
| Access Rd | E Motel Dr | 2002 | 66,402 | 0.50 mi |
| Country Club Dr | 2022 | 1,874 | 0.55 mi | |
| Country Club Dr | 2022 | 1,429 | 0.61 mi | |
| Country Club Drive | I- 40 | 2022 | 13,063 | 0.62 mi |
| West Route 66 | Hwy 89 | 2018 | 8,115 | 0.65 mi |
| North Dodge Avenue | E Gibson Ave | 2018 | 3,504 | 0.67 mi |
| Huntington Dr | 2022 | 10,285 | 0.68 mi | |
| Huntington Dr | 2022 | 9,488 | 0.71 mi |
High Point, NC
Cap Rate 5.85%
Lease NN+
R. Term 18.60 yrs
Size/SF 5,866
Wichita, KS
Cap Rate 6.10%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 4,981
Rincon, GA
Cap Rate 6.10%
Lease Abs NNN
R. Term 20.10 yrs
Size/SF 4,600
Lithia Springs, GA
Cap Rate 5.65%
Lease Abs NNN
R. Term 17.50 yrs
Size/SF 3,457
Acworth, GA
Cap Rate 5.50%
Lease NN+
R. Term 10.00 yrs
Size/SF 2,148
Locust Grove, GA
Cap Rate 6.25%
Lease Abs NNN
R. Term 17.50 yrs
Size/SF 4,730
Lexington, SC
Cap Rate 6.10%
Lease Abs NNN
R. Term 8.20 yrs
Size/SF 6,753
Douglasville, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 17.50 yrs
Size/SF 3,950
Montgomeryville, PA
Cap Rate 5.50%
Lease NN+
R. Term 8.11 yrs
Size/SF 12,200
Brawley, CA
Cap Rate 5.50%
Lease Abs NNN
R. Term 19.70 yrs
Size/SF 3,596
Colorado Springs, CO
Cap Rate 5.50%
Lease Abs NNN
R. Term 19.40 yrs
Size/SF 4,975
West Jordan, UT
Cap Rate 7.00%
Lease Abs NNN
R. Term 16.20 yrs
Size/SF 4,390
Melrose Park, IL
Cap Rate 6.75%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 1,700
Albuquerque, NM
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 1,438
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
