3350 Dixie Hwy, Palm Bay, FL 32905

13,018 SF | Retail Building | Palm Bay, FL 32905 | $2,784,000 ($214/SF) | 6.25% Cap Rate

Asking Price $2,784,000

Property Type
Retail
Square Feet
13,018 SF
Price / Square Foot
$214

Listing Contacts

Scott Gould

Property Details

Class
C
Year Built
1988
Stories
1
Property Subtype
Vehicle Related
Lot Size (sq. ft)
56,628 SF

Highlights

  • Corporate Lease with Classic Collision LLC - Over 250 Locations Nationwide
  • Absolute Triple Net (NNN) Offering - No Landlord Obligations | Passive Ownership
  • 146 Feet of Frontage on US Highway 1 - Average Daily Traffic Count of 36,500 Cars Per Day
  • Recent Acquisition of Operating Business [2021] - Part of Two-Unit “America’s Best Autobody” Acquisition
  • Rental Increases Every Five Years Including Options - Three Five-Year Extensions to Renew
  • Fourth Largest Multi-Shop Operator (MSO) in the Industry - Backed by 6thLargest Private Equity Fund in the World(per PEI 300)

FAQ

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