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Investment Highlights

  • Long Term Lease
  • Zero Landlord Responsibilities
  • Strategic Location
  • Fixed Rent Increases
  • Strong Corporate Tenant
  • Recession Resistant Investment

Executive Summary

Horvath & Tremblay is pleased to present the exclusive sale of a corporate Firestone investment property located at 8895 Lantana Road in Lake Worth, Florida (the “Property”). The single tenant net leased Firestone was constructed in 2022 and contains 6,110 square feet on a 1.12-acre parcel. Firestone has 11+ years remaining on their lease with five (5), 5-year renewal options. The lease calls for attractive 5% rent increases every five years throughout the primary lease term and at the start of the renewal options.
The Property is strategically located along Lantana Road, a primary commercial and commuter corridor, at its signalized intersection with Lyons Road. Firestone benefits from strong visibility and convenient access, positioning it to capture consistent traffic from both local residents and daily commuters. The surrounding area features a mix of national and local retailers and restaurants that contribute to steady consumer activity. In addition, the Property is supported by a dense population base, including large master-planned communities, established residential neighborhoods, apartment complexes, and nearby schools, all of which provide a reliable built-in customer base.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,110 SF
Building Class
B
Year Built
2022
Price
$5,518,731 CAD
Price Per SF
$903.23 CAD
Cap Rate
5%
NOI
$275,937 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.12 AC
Zoning
CG - General Commercial
Frontage
179’ on Lantana Road

Amenities

  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Services
  • -
  • -
  • Triple Net
  • May 2037

Since 1926, drivers have trusted Firestone Complete Auto Care to keep their vehicles running newer longer. And as America’s auto care needs have grown and changed, so have they. They’re a leading provider of maintenance, repairs and tires for a reason: because they believe in offering a complete auto care experience that perfectly meets customer needs. Their auto care advisors and service technicians take pride in understanding customers vehicle from bumper to bumper. Plus, they’ll always answer customers' questions and explain their work to customers so they feel comfortable from the moment they walk in until they’re back on the road. They promise to provide the best customer service and offer the right solutions, so they can feel confident in knowing they’re customers' complete auto care solution.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Services - - Triple Net May 2037
Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
50/100

Nearby Major Retailers

LA Fitness
Starbucks

Property Taxes

Property Taxes

Parcel Number
00-42-44-31-05-001-0060
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,871,867 CAD
  • Listing ID: 40480435

  • Date on Market: 2026-05-11

  • Last Updated:

  • Address: 8895 Lantana Rd, Lake Worth, FL 33467

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