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Tire Kingdom-NNN Lease-3% Annual Increases 805 W State Road 434 6,240 SF Retail Building Longwood, FL 32750 $4,481,579 CAD ($718.20 CAD/SF) 5.40% Cap Rate



INVESTMENT HIGHLIGHTS
- Absolute Triple Net Lease W/ 13 Years Remaining
- Adjacent To South Seminole Hospital – 206 Bed Medical Facility
- Dense Infill Location – 72,000+ People In 3 Mile Radius | Frontage On FL-434 – 41,000+ Vehicles Per Day
- Rare 3% Scheduled Annual Rent Increases – Hedge Against Inflation
- Major Metro Area –Longwood is Part of The Orlando–Kissimmee–Sanford MSA | Affluent Surrounding Neighborhood – $91,400 Average HHI in 3 Mile Radius
- Located In Market’s Primary Retail Corridor
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present the opportunity to invest in a prime commercial property located at 805 FL-434, Longwood, FL, occupied by a national tenant under a long-term lease. The property is tenanted by Tire Kingdom, a leading automotive services provider with a long-standing reputation for excellence. The Tire Kingdom brand is owned and operated by Mavis Tire Express Services Corp, a national tire retailer with more than 2,000 locations. The subject property is on a 26,136 square foot site and features a fully equipped automotive service center.
Investors have the rare chance to acquire a strategically located property in the thriving market of Longwood, Florida. This attractive property lies on FL- 434, a heavily trafficked corridor with over 41,000 vehicles passing by daily. With its prime positioning and high visibility, it offers a strong potential for continued customer inflow.
Longwood is part of the Orlando–Kissimmee–Sanford metropolitan area and stands as an appealing and growing suburban city. Longwood is located approximately 11 miles north of downtown Orlando and enjoys easy access to major highways and transport networks. With the expanding residential and commercial markets of the region, Longwood presents a compelling destination for real estate investments.
This unique investment opportunity combines a prime location in a thriving Florida market, and a strong tenant in Tire Kingdom under a long-term NNN lease with rare annual rent increases.
Investors have the rare chance to acquire a strategically located property in the thriving market of Longwood, Florida. This attractive property lies on FL- 434, a heavily trafficked corridor with over 41,000 vehicles passing by daily. With its prime positioning and high visibility, it offers a strong potential for continued customer inflow.
Longwood is part of the Orlando–Kissimmee–Sanford metropolitan area and stands as an appealing and growing suburban city. Longwood is located approximately 11 miles north of downtown Orlando and enjoys easy access to major highways and transport networks. With the expanding residential and commercial markets of the region, Longwood presents a compelling destination for real estate investments.
This unique investment opportunity combines a prime location in a thriving Florida market, and a strong tenant in Tire Kingdom under a long-term NNN lease with rare annual rent increases.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,240 SF
Building Class
C
Year Built
1993
Price
$4,481,579 CAD
Price Per SF
$718.20 CAD
Cap Rate
5.40%
NOI
$242,005 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.60 AC
Zoning
C-3, Longwood - Commercial
Parking
6 Spaces (0.96 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 31-20-30-300-031E-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $877,874 CAD |
PROPERTY TAXES
Parcel Number
31-20-30-300-031E-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$877,874 CAD
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Tire Kingdom-NNN Lease-3% Annual Increases | 805 W State Road 434
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