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Absolute NNN Retail Property
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189 US Hwy 27 S, Sebring, FL 33872

Leased retail asset with structured renewal options and annual rent escalations.

Property SizeContact for details
Days on Market144

Property Features for 189 US Hwy 27 S

General Information

Standard status Active
Property subtype Industrial, Retail

Building Details

Tenancy Single
Listing Agency: Harvey Cohen
Listed By: Harvey Cohen · License #FL
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 5:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Harvey Cohen

Investment Insights

Based on property information with market context.

This retail property at 189 US Hwy 27 S, Sebring, Florida, is leased on an absolute NNN basis to Pinch A Penny. The lease provides a 10-year term with four additional 5-year options and includes annual rent increases of 1.5%. The tenant is supported by three personal guarantors and a quasi-corporate guaranty from Pinch A Penny.

The site is positioned along US Hwy 27 with highway exposure and a central Sebring location. The surrounding five-mile area has a daytime population exceeding 39,600, while projected population growth over the next five years is 5.65%.

Key Highlights

  • Absolute NNN lease with a 10‑year term
  • Four 5‑year renewal options
  • Annual rent increases of 1.5%

Property Analytics

Current Use

Spas Pools & Patio ... General Contractor Pinch A Penny Pool ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Nail Salon Spa & Massage Center Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 33872, FL

13,167
Population
7,882
Households
1.7
Avg Household Size
62
Median Age
29%
College-Educated
91%
High-School Grad
22.7 sq mi
ZIP Area
580
Density / Sq Mi
$68,086
Median Household Income
$42,831
Median Earnings
$1,157
Median Rent
$193,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Leased retail asset with structured renewal options and annual rent escalations.
Where is this nnn property located?
The property is located at 189 US Hwy 27 S Sebring, FL.
What are key features of this property?
This property features: Absolute NNN lease with a 10‑year term; Four 5‑year renewal options; Annual rent increases of 1.5%
More about this property
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