2560 S Washington Ave Titusville, FL 32780
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Dual-tenant NNN investment property located in Titusville, Florida.
Type:Retail
Property size:
6,150 SFLot size:
1.05 Acres- Added:
- Jan 30, 2024
- Days on Market:
- 807
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 2560 S Washington Ave
General Information
- Standard status
- Active
- Size
- 6,150 SF
- Lot size
- 1.05 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2022
Listing agent Billy Planes, CCIM License #3085463
Listing office RE/MAX 360 Real Estate (305) 772-8513
Listing date Jan 30, 2024
Source Crexi
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 RE/MAX 360 Real Estate
Overview
Dual-Tenant Investment Property For Sale
This 6,150 square foot dual-tenant NNN investment property is located at 2560 South Washington Avenue (US-1) in Titusville, Florida, situated on 1.05 acres. The property occupies a prime signalized corner at US-1 & Harrison Street, serving as the high-visibility southeast outparcel to Titus Landing, a ±350,000 square foot lifestyle center. Anchored by Hobby Lobby, Epic Theatres, Ulta, Bealls, and other national retailers, this 2022 construction features true NNN leases and minimal landlord responsibilities. The property is fully leased to Chipotle Mexican Grill (NYSE: CMG) and Sage Dental. Chipotle has a 10-year corporate-guaranteed NNN lease featuring the newest Chipotlane drive-thru prototype. Sage Dental has a corporate-guaranteed NNN lease with one of the fastest-growing Dental Support Organizations in the Southeast. Both tenants benefit from contractual 10% rent increases, delivering predictable future income growth. In 2027, Chipotle's NOI increases to $262,958. In 2028, Sage Dental's NOI increases to $277,920. Additional upside is available through contractual administrative fees.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Sage Dental of Titusville
Dental Office
Chipotle Mexican Grill
Restaurant
Location Insight
- Map
- Local Demand
- City
- Titusville
- County
- Brevard
- State
- Florida
- Longitude
- -80.8039222
- Latitude
- 28.5857959
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FAQs
What type of property is this?
NNN property - Dual-tenant NNN investment property located in Titusville, Florida.
Where is this nnn property located?
The property is located at 2560 S Washington Ave Titusville, FL.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: Dual‑tenant NNN investment property with minimal landlord responsibilities.; Located on a prime, **high‑visibility signalized corner at US‑1 & Harrison Street.**; Anchored by national retailers such as Hobby Lobby, Epic Theatres, and Ulta.
