Auto Parts

Maaco Collision

2100 S Pine Ave, Ocala, FL 34471

Listing Price: $1,877,778

Cap Rate
6.75%
Tenant Name
AFG MBS, LLC
Years Remaining On Lease
16.5
Gross SF
7,311
Rentable SF
7,311
Price/Gross SF
$256.84
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.34

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Maaco Collision Repair and Auto Paining located at 2100 South Pine Ave in Ocala, FL. The site consists of roughly 7,300 rentable square feet of building space on estimated .27-acre parcel of land. This Maaco is subject to a 20-year absolute triple-net (NNN) lease, which commenced July 21st, 2017. The current annual rent is $126,750 and is scheduled to increase by 1.40% annually throughout the base term and in each of the four (4), five (5)-year renewal options.

Investment Highlights

  • 20-Year Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term
  • Growing Franchisee that Could Lead to a Credit Increase in the Future
  • Approximately 17 Years Remaining on the Original Lease

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    License(s): FL: BK3154667

    Florida

Listing Price: $1,877,778

Cap Rate
6.75%
Tenant Name
AFG MBS, LLC
Years Remaining On Lease
16.5
Gross SF
7,311
Rentable SF
7,311
Price/Gross SF
$256.84
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.34

Investment Highlights

  • 20-Year Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term
  • Growing Franchisee that Could Lead to a Credit Increase in the Future
  • Approximately 17 Years Remaining on the Original Lease

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Maaco Collision Repair and Auto Paining located at 2100 South Pine Ave in Ocala, FL. The site consists of roughly 7,300 rentable square feet of building space on estimated .27-acre parcel of land. This Maaco is subject to a 20-year absolute triple-net (NNN) lease, which commenced July 21st, 2017. The current annual rent is $126,750 and is scheduled to increase by 1.40% annually throughout the base term and in each of the four (4), five (5)-year renewal options.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    License(s): FL: BK3154667

    Florida

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