List Search

719 W Jefferson St
Quincy, FL 32351 GadsdenCounty

$1,312,148 USD

Auto Repair For Sale  •  2,187 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 2,187 SF
  • Lot Size 0.39 AC
  • Building Class C
  • Year Built 1989
  • Cap Rate 5.75 %
  • Tenancy Single
0 Transit Score
60 Walk Score

Highlights

2019 Retrofit of a former Super Lube building
The subject property qualifies for bonus depreciation (consult with your tax professional)
Larger 3 bay concept due to projections of high sales volume
9-Years remaining on absolute NNN lease with zero landlord responsibilities
10% rent increases every 5 years for the life of the lease (base term and options)
Corporate guarantee from Driven Brands
Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Take 5 Oil Change

Amenities

  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
Tallahassee International 33 min - 21.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 7
Type: Surface
Included in Rent: Yes
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services