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2930 10 Ave N Palm Springs, FL

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For Sale
$3,500,000

Tires Plus NNN in Lake Worth, FL for sale.

Property size:
6,762 SF
Lot size:
0.87 Acres

Property Features for 2930 10 Ave N

General Information

Size
6,762 SF
Lot size
0.87 Acres

Source: SAB Agent Michael Scali

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Tires Plus NNN Investment Opportunity

This property is a Tires Plus located in Lake Worth, Florida, approximately 35 miles north of Fort Lauderdale. The property operates under a Triple Net (NNN) lease structure, offering zero landlord responsibilities. The lease includes 10% rent increases every 5 years, providing a hedge against inflation. The location benefits from being shadow-anchored by a Walmart Supercenter, which attracts over 2.1 million annual visitors. The store reports strong sales, with a 4.50% rent-to-sales ratio. Tires Plus has a long-term operating history of over 25 years at this site. The property benefits from high visibility and access along 10th Ave N, with a traffic count of over 39,858 vehicles per day. It is situated in a dense retail trade area with over 1.4 million square feet of retail space within a 1-mile radius. The property is near national retailers such as Publix, Walmart, ALDI, Harbor Freight, Home Depot, Ross, Walgreens, AutoZone, Taco Bell, and Wendy’s. The property size is 6,762 square feet.
Location Intelligence

Current Use by Public Records

Auto shops

Similar Places Nearby

mechanic anywhere, Sunstate Automotive 2, Cesar's Auto Repair, Taller, Tires Plus

Map

City
Palm Springs
County
Palm Beach
State
Florida
Longitude
-80.0961538
Latitude
26.6359009

FAQs

What type of property is this?
Auto shop - Tires Plus NNN in Lake Worth, FL for sale.
Where is this auto shop located?
The property is located at 2930 10 Ave N Palm Springs, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: - Zero Landlord Responsibilities with Triple Net (NNN) Lease Structure; - Proven Long Term Location: Tires Plus has operated here for over 25 years; - Structured Hedge Against Inflation with 10% Increases Every 5 Years
More about this property
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