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| Price $2,015,000 $2,060,000 | Built/Renov 2023 | Tenant Strickland Brothers |
| Cap Rate 6.90% 6.75% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
1,230
| Lease Start
05-01-2023
| #Units
173
|
| Price/SF $1,638.21 $1,674.80 | Expiration
04-30-2038
| Tenant Type Automotive |
| NOI $139,030 | R. Term 12.11 | Ownership Fee Simple |
| Rent/SF
$113.03
| Increases 1.0%/1/yrs | Pop 5Mi 175,899 |
| Lot/AC 0.71 | Options 3/5yrs/1% | AHHI 5Mi $97,364 |
| | |
This newly constructed Strickland Brothers is conveniently positioned with two full access entry points off Laurens Rd (28,800 ADT) and Sycamore Dr. The property is located next door to a Fin’s Car Wash, within 1.5 miles of over 25 car dealerships, and minutes away from an O’Reilly’s, an AutoZone, an Advance Auto Parts, and a NAPA Auto Parts, all of which provide heavy customer traffic to the...
...New construction
Hard corner intersection
Near major nationals
Dense 100M+ pop 5 mi
Top 100 MSA
Affluent suburb location
Brand new lease
Absolute NNN
Annual rent increases
Corporate Guarantee
Strickland Brothers is a fast-growing one-stop shop for oil changes and vehicle maintenance services. The company is well-known for its drive-thru 10-minute oil change, and offers a list of...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 6,837 | 69,710 | 185,845 |
| 2023 Total Population : | 6,352 | 66,743 | 178,703 |
| 2023 Employed Civilian Pop : | 3,462 | 34,574 | 88,771 |
| 2023 Total Businesses : | 762 | 6,119 | 11,009 |
| 2023 Average Household Income : | $ 111,334 | $ 114,665 | $ 98,576 |
| 2023 Total Consumer Spending : | $ 283 M | $ 3118 M | $ 6737 M |
| 2023 Median Age : | 38 | 38 | 39 |
| 2023 Total Households : | 2,923 | 31,245 | 78,420 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,815 | 16,600 | 36,125 |
| 2023 Average Home Value : | $ 409,690 | $ 456,422 | $ 360,947 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Parkins Mill Road | Plymouth Ave | 2021 | 4,300 | 0.29 mi |
| Airport Road | Miller Ln | 2021 | 4,100 | 0.43 mi |
| Airport Rd | Boland St | 2018 | 4,200 | 0.50 mi |
| Airport Road | Lindsay Ave | 2021 | 3,600 | 0.52 mi |
| Laurens Road | E Antrim Dr | 2021 | 27,600 | 0.57 mi |
| South Pleasantburg Drive | E Antrim Dr | 2021 | 38,300 | 0.60 mi |
| S Pleasantburg Dr | Liberty Ln | 2018 | 29,300 | 0.62 mi |
| Woodruff Road | Old Woodruff Rd | 2021 | 14,900 | 0.72 mi |
| Transit Drive | Haywood Crossing Dr | 2021 | 3,800 | 0.76 mi |
| Greenacre Road | Edinburgh Ct | 2021 | 1,950 | 0.80 mi |
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Cap Rate 6.25%
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Cap Rate 5.80%
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R. Term 12.80 yrs
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Size/SF 5,906
Allentown, PA
Cap Rate 6.57%
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Hammond, LA
Cap Rate 6.15%
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R. Term 11.20 yrs
Size/SF 4,732
Tappahannock, VA
Cap Rate 6.00%
Lease NN+
R. Term 15.40 yrs
Size/SF 7,225
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Cap Rate 6.50%
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Size/SF 1,760
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
