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Main Street Auto 154 Mingo Trl 8,588 SF Retail Building Longwood, FL 32750 $3,199,055 CAD ($372.50 CAD/SF) 7% Cap Rate
Investment Highlights
- Strong Corporate Guarantee
- Brand-New Long-Term Triple-Net (NNN) Lease
- Income Tax Free State
- Affluent Community
Executive Summary
Surmount is pleased to present the exclusive listing for a Main Street Auto located at 154 Mingo Trail, Longwood, FL 32750. The site consists of roughly 8,588 rentable square feet of building space on an estimated 0.47-acre parcel of land. This Main Street Auto is subject to a 20-year Triple Net (NNN) lease, which commenced 2/20/2025. The current annual rent is $164,500 and has scheduled increases of 2.00% Annually starting 3/1/2031.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,588 SF
Building Class
C
Year Built
1973
Price
$3,199,055 CAD
Price Per SF
$372.50 CAD
Cap Rate
7%
NOI
$223,934 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.42
Lot Size
0.47 AC
Zoning
IND - Medium Industrial
Frontage
140’ on Mingo
Amenities
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 06-21-30-300-018J-0000 | Improvements Assessment | $1,143,209 CAD |
| Land Assessment | $322,714 CAD | Total Assessment | $1,465,923 CAD |
Property Taxes
Parcel Number
06-21-30-300-018J-0000
Land Assessment
$322,714 CAD
Improvements Assessment
$1,143,209 CAD
Total Assessment
$1,465,923 CAD
Contacts
-
Edward Otocka -
Francis Purritano -
Walker Stevens -
Glen Kunofsky -
Christopher Marks -
Surmount
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Main Street Auto | 154 Mingo Trl
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