Price $1,550,000 | Built/Renov 2003 | Tenant MAACO |
Cap Rate 6.19% | Lease Type
Abs NNN | Guarantor Franchisee |
Size/SF
3,826
| Lease Start
07-01-2023
| #Units
417
|
Price/SF $405.12 | Expiration
07-30-2028
| Tenant Type Automotive |
NOI $96,000 | R. Term 4.7 | Ownership Fee Simple |
Rent/SF
$25.09
| Increases 3.0%/1/yrs | Pop 5Mi 235,810 |
Lot/AC 0.68 | Options 1/5yrs/3% | AHHI 5Mi $92,951 |
| |
Maaco is strategically fronting Tyrone Boulevard North (Hwy 595) and benefits from a high traffic count of 49,000 vehicles passing by daily. The surrounding trade area is densely populated and supported by various national/credit tenants, including Target, Publix, Walmart Supercenter, Kohl's, Total Wine, and more. The property enjoys excellent visibility and offers multiple points of...
...High traffic 50M+ VPD
Dense retail corridor
Near major nationals
Highway location
Top 100 MSA
Strong demographics
Income tax free state
Absolute NNN
Annual rent increases
Personal guarantee
MAACO Collision Repair & Auto Painting is the leading franchisor of auto paint and collision repair shops. MAACO repairs accident damage, dents, and faded paint for nearly 500,000 drivers...
Collection Street | Cross Street | Year | Traffic Vol | Distance |
Tyrone Blvd N | Tyrone Blvd | 2011 | 40,000 | 0.02 mi |
Tyrone Boulevard North | 62nd St N | 2022 | 38,500 | 0.03 mi |
Tyrone Boulevard North | Bay Pines Blvd | 2021 | 38,500 | 0.04 mi |
Park St N | 40th Ave N | 2011 | 21,000 | 0.11 mi |
Park St N | 37th Ave N | 2011 | 23,639 | 0.19 mi |
Pinellas Trl | 38th Ave N | 2011 | 16,500 | 0.26 mi |
Tyrone Blvd N | 34th Ave N | 2011 | 30,000 | 0.54 mi |
Bay Pines Blvd | Seahorse Dr | 2011 | 45,000 | 0.55 mi |
46th Ave N | 73rd St N | 2011 | 6,000 | 0.87 mi |
Bay Pines Boulevard | Bay Pines Blvd | 2022 | 49,000 | 0.91 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]