Auto Service - Gas-Conv
Gerber Collision | Absolute NNN | 15 Yr Lease
1145 Old Dixie Hwy, Lake Park, FL 33403
Listing Price: $2,629,000
Investment Overview
2nd Largest Multi-shop Operator (MSO) in the Industry
Less than ½ Mile from Northlake Blvd’s “Dealership Row”
Over 53,500 Vehicles/Day with Easy Access to I-95
Over 50 Years of Operating History as a Body Shop
Fully Renovated in 2023 to Tenant’s Specifications
The Town of Lake Park is Nestled Between Palm Beach Gardens and West Palm Beach. It has an Eclectic Arts District, A-Rated School, and a Popular Marina | Population 430,715 in a Ten Mile Radius
Auto Service - Gas-Conv
Gerber Collision | Absolute NNN | 15 Yr Lease
Listing Price: $2,629,000
Investment Highlights
- New Fifteen-Year Absolute Triple Net Lease
- 10% Rental Increases Every Five Years | Avg 6.35% Cap Rate
- Corp. Guaranty with Boyd Group US. | 900+ Locations
Investment Overview
2nd Largest Multi-shop Operator (MSO) in the Industry Less than ½ Mile from Northlake Blvd’s “Dealership Row” Over 53,500 Vehicles/Day with Easy Access to I-95 Over 50 Years of Operating History as a Body Shop Fully Renovated in 2023 to Tenant’s Specifications The Town of Lake Park is Nestled Between Palm Beach Gardens and West Palm Beach. It has an Eclectic Arts District, A-Rated School, and a Popular Marina | Population 430,715 in a Ten Mile Radius
