Catylist ID:
#30832862
Enterprise Rent-A-Car Lakewood Ranch Location
Retail-Commercial
for Sale
| Catylist Listing ID: | 30832862 |
| Property Subtypes: | Free-Standing Building, Mixed Use, Vehicle Related, Other |
| Building Size (RSF): | 3,238 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.99 Acres |
| Sale Price: | $998,000 |
| Unit Price: | $308.21 PSF |
| Property Use Type: | Net Leased Investment (NNN), Investment |
| Building Name: | Enterprise Rent A Car |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 4.65% |
| Average Occupancy Rate: | 100 |
| Last Updated: | 5/25/2023 |
Overview / Comments
|
Hands off investment property! This location services East Bradenton and Lakewood Ranch for Enterprise-A-Car. It is conveniently about a mile off I-75 in this booming area. Lease is finishing up the initial term of 5 years on July 31 2023. Enterprise has 3 option years of 5 year terms. Site was Surveyed and a Clean Phase I in 2018. Financial Stability Information: https://www.enterpriseholdings.com/about/financial-information.html Per the lease agreement Enterprise is responsible for: Property Taxes, Insurance, Interior Building Maint, HVAC, Parking lot, landscaping, signs, canopies, and tradedress. Lessor is responsible for: Roof, Roof Drains, Gutters/Downspouts, Structural Portions of the building, electrical/water/sewer up to the building. Complete the NDA attached to the brochure for income information. *Enterprise does have an early termination clause in the lease |
Attachments & Media
Additional Details
| Nearest MSA: | North Port-Sarasota-Bradenton |
| County: | Manatee |
| Tax ID/APN: | 1730500822 |
| Zoning: | GC |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 3,547 | 38,450 | 116,169 |
| Median Age: | 52.9 | 50.9 | 44.8 |
| Households: | 1,562 | 16,659 | 48,083 |
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