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Auto Service - Gas-Conv

Classic Collision - Titusville, FL

500 Garden St, Titusville, FL 32796

Listing Price: $2,180,000

Cap Rate
5.00%
Tenant Name
Classic Collision
Years Remaining On Lease
9.1
Guarantor
Corporate Guarantee
Rentable SF
12,020
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.07

Investment Overview

Rent Increase Every Five Years Including Options - Three Five-Year Extensions to Renew Proximity to Major Thoroughfares - Five Minute Drive to Interstate 95 5th Largest Multi-shop Operator (MSO) in the Industry - Backed by New Mountain Capital ($37 Billion AUM) 13 Miles from NASA’s Kennedy Space Center - $8 Billion+ Invested in Space Coast Development (2019)

Investment Highlights

  • Corporately Guaranteed Triple Net Lease Offering - Passive Ownership and Stable Cash Flow
  • 140 Feet of Frontage on Garden Street - Average Daily Traffic Count of 13,300 Cars Per Day
  • Recent Acquisition of Operating Business - Part of Four-Unit Mitchco Collision Portfolio

Exclusively Listed By

Financing By

Auto Service - Gas-Conv

Classic Collision - Titusville, FL

Listing Price: $2,180,000

Cap Rate
5.00%
Tenant Name
Classic Collision
Years Remaining On Lease
9.1
Guarantor
Corporate Guarantee
Rentable SF
12,020
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.07

Investment Highlights

  • Corporately Guaranteed Triple Net Lease Offering - Passive Ownership and Stable Cash Flow
  • 140 Feet of Frontage on Garden Street - Average Daily Traffic Count of 13,300 Cars Per Day
  • Recent Acquisition of Operating Business - Part of Four-Unit Mitchco Collision Portfolio

Investment Overview

Rent Increase Every Five Years Including Options - Three Five-Year Extensions to Renew Proximity to Major Thoroughfares - Five Minute Drive to Interstate 95 5th Largest Multi-shop Operator (MSO) in the Industry - Backed by New Mountain Capital ($37 Billion AUM) 13 Miles from NASA’s Kennedy Space Center - $8 Billion+ Invested in Space Coast Development (2019)

Exclusively Listed By

Financing By

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