2350 S Us Highway 17 92
About this property
Four-suite commercial property generating $238,491 NOI at 6.45% cap rate. 100% leased to established tenants with staggered expirations through 2028; anchor tenant (recreation) secured through 2030 with renewal options. All leases include NNN structure with CAM recovery and 3-4% annual escalations. Carlitos Tire recently extended through 8/31/28. Highway 17-92 frontage provides established commercial visibility. Masonry construction, 16,220 SF, 1.17 acres, 21 parking spaces. Built 2007. For experienced NNN investors and 1031 exchangers.
About this property
Four-suite commercial property generating $238,491 NOI at 6.45% cap rate. 100% leased to established tenants with staggered expirations through 2028; anchor tenant (recreation) secured through 2030 with renewal options. All leases include NNN structure with CAM recovery and 3-4% annual escalations. Carlitos Tire recently extended through 8/31/28. Highway 17-92 frontage provides established commercial visibility. Masonry construction, 16,220 SF, 1.17 acres, 21 parking spaces. Built 2007. For experienced NNN investors and 1031 exchangers.
Features and Additional Information
Presented By Carol and Tony Marino
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Brokerage: HOMEVEST REALTY