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Strickland Brothers - Titusville, FL 4305 S Hopkins Ave 3,210 SF Retail Building Titusville, FL 32780 $846,054 CAD ($263.57 CAD/SF) 5.41% Cap Rate
INVESTMENT HIGHLIGHTS
- Rare opportunity to acquire a triple net (NNN) asset corporately guaranteed by a large national tenant.
- Rising demand for fast, efficient services, with the increasing need for time-efficient automotive services, quick lube shops, tire service centers
- Dense surrounding population with over 53,000 people within a 5-mile radius
- Florida is one of the few U.S. states with no personal state income tax, a key factor fueling its strong population growth
- 10% rent increases throughout renewal options with 3 x 5 year options to extend
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively offer for sale the 3,210 SF Strickland Brothers property located at 4305 Hopkins Avenue in Titusville, FL. This offering presents a rare opportunity to acquire a corporately guaranteed triple net (NNN) asset backed by a well-established national tenant. The lease features 10% rent increases throughout the renewal terms, along with 3 x 5 year options to extend, ensuring long-term income growth and stability, making it a compelling investment opportunity.
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,210 SF
Building Class
C
Year Built
1986
Price
$846,054 CAD
Price Per SF
$263.57 CAD
Cap Rate
5.41%
NOI
$45,806 CAD
Tenancy
Single
Building Height
1 Story
Zoning
M1 - Auto Repair
Parking
7 Spaces (2.18 Spaces per 1,000 SF Leased)
Frontage
67’ on Hopkins Ave
AMENITIES
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Strickland Brothers 10 Minute Oil Change
- Retailer
- 3,210 SF
- $14.25 CAD
- Triple Net
- Sep 2029
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Strickland Brothers 10 Minute Oil Change | Retailer | 3,210 SF | $14.25 CAD | Triple Net | Sep 2029 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 22-35-22-75-00050.0-0009.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $224,742 CAD |
PROPERTY TAXES
Parcel Number
22-35-22-75-00050.0-0009.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$224,742 CAD
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Strickland Brothers - Titusville, FL | 4305 S Hopkins Ave
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