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2625 W Hillsboro Blvd

2625 W Hillsboro Blvd, Deerfield Beach, FL 33442

Listing Price: $2,600,000

Cap Rate
5.63%
Tenant Name
Classic Collision
Years Remaining On Lease
13.1
Gross SF
7,500
Guarantor
Corporate Guarantee
Rentable SF
7,500
Price/Gross SF
$346.67
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$20.00

Investment Overview

Marcus and Millichap is pleased to present 2625 West Hillsboro Boulevard, a single tenant, 7,500 square foot building leased to Classic Collision, a car collision center with 103+ locations. Classic Collision is surrounded by many prime multifamily, office, and retail properties including Deer Creek Apartment (600 acre site with a premier golf community), Century Village-Deerfield Beach (over 8,500 condo units), Boca Raton Regional Outpatient Center, TJ Maxx, Target, Starbucks, Checkers, Wawa, CVS, and many more. Classic Collision has a long term lease that runs through December 31, 2034. The tenant is responsible for paying all expense except for the structural portions of the building *(See Section 9 of Lease Attached). 2625 West Hillsboro Boulevard offers an investor the opportunity to acquire a long-term lease with a well established credit tenant, no management responsibility and with 2% annual rent increases beginning January 1, 2025.

Investment Highlights

  • Corporate Guarantee
  • Traffic Counts exceed 45,000 Vehicles Per Day
  • Long Term Lease
  • Easy Access to Florida's Turnpike and I-95
  • Well Established Tenant (30+ Years of Experience)
  • Prime West Hillsboro Blvd.
  • 2% Annual Rent Increases

Exclusively Listed By

Auto Service - Gas-Conv

2625 W Hillsboro Blvd

Listing Price: $2,600,000

Cap Rate
5.63%
Tenant Name
Classic Collision
Years Remaining On Lease
13.1
Gross SF
7,500
Guarantor
Corporate Guarantee
Rentable SF
7,500
Price/Gross SF
$346.67
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$20.00

Investment Highlights

  • Corporate Guarantee
  • Traffic Counts exceed 45,000 Vehicles Per Day
  • Long Term Lease
  • Easy Access to Florida's Turnpike and I-95
  • Well Established Tenant (30+ Years of Experience)
  • Prime West Hillsboro Blvd.
  • 2% Annual Rent Increases

Investment Overview

Marcus and Millichap is pleased to present 2625 West Hillsboro Boulevard, a single tenant, 7,500 square foot building leased to Classic Collision, a car collision center with 103+ locations. Classic Collision is surrounded by many prime multifamily, office, and retail properties including Deer Creek Apartment (600 acre site with a premier golf community), Century Village-Deerfield Beach (over 8,500 condo units), Boca Raton Regional Outpatient Center, TJ Maxx, Target, Starbucks, Checkers, Wawa, CVS, and many more. Classic Collision has a long term lease that runs through December 31, 2034. The tenant is responsible for paying all expense except for the structural portions of the building *(See Section 9 of Lease Attached). 2625 West Hillsboro Boulevard offers an investor the opportunity to acquire a long-term lease with a well established credit tenant, no management responsibility and with 2% annual rent increases beginning January 1, 2025.

Exclusively Listed By

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