120 K D Revell Rd, Wauchula, FL
Retail for Sale - $1,683,402 - 7,150 Sq. Ft. on 1.54 acres
Property Info
| CIMLS# | 969397 |
| Location 120 K D Revell Rd Wauchula FL 33873 | |
| Updated | January 23rd, 2018 |
| Type | Retail |
| Price | $1,683,402 |
| Building | 7,150 Sq. Ft. |
| Land | 1.54 acres |
Property Description
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Net Leased, Corporately Guaranteed, New Development, O'Reilly Auto Parts in Wauchula, Florida. O'Reilly signed a new 20 year NN Lease that has over 18 years remaining on the current term and features a 5% increase in year 11.
Location Description:
The Subject Property is located at a signalized intersection along heavily trafficked US HWY 17 (19,000+ VPD) in the city of Wauchula, Florida. The property is surrounded by a blend of regional tenants (Hardee County Health Dept. & Hardee County ISD) and national credit tenants (Walmart, Dunkin Donuts, AutoZone, Ace Hardware).
Wauchula has a population of 5,000 and is within a 1 hour drive from Tampa, Gulf Coast Beaches, and Orlando.
Highlights:
>> 18+ Years Remaining on NN Lease - 5% Rent Increase in Year 11
>> Guaranteed by O'Reilly Auto Parts (S&P: BBB+)
>> Situated Along US Hwy 17 (19,000+ VPD) on Signalized Corner Lot
>> 25 Year Roof Warranty Transferable at Closing
>> Within 1 Mile of Walmart Supercenter