Pace, FL - Tidal Wave Auto Spa
$6,900,000
4976 US Hwy 90, Pace, FL 32571
6
Cap Rate
414,030
NOI
Details:
Description:
• 14.7 term years remaining providing investors with long term income backed by a corporate signed lease
• Featuring an Absolute NNN lease making the tenant responsible for aspects of the premises, providing a passive, low-management investment
• 5 (5-Year) options to extend giving extensive renewal structure and potential for a long term tenant occupancy beyond the initial lease term
• Tidal Wave has expanded to 332 locations across 30 states, strengthening the credit profile and national presence of the tenant
• Located across from a major regional shopping center and near national retailers including Target, Walmart Supercenter, PetSmart, The Home Depot, Dick’s Sporting Goods and Ulta Beauty, and many more
• Fronting U.S. Highway 90, carrying approximately 43,500 VPD, providing strong visibility and exposure
• Approximately 70,500 residents and 26,900 households are located within 5-miles
Location
Gallery