Marianna Auto Repair Investment
2960 Penn Ave, Marianna, FL
Single-tenant auto repair building with long-term corporate lease.
Type:RETAIL
Property size:
7,858 SFLot size:
0.57 AcresPrice / SF:
$146/SF- Added:
- Aug 20, 2025
- Days on Market:
- 271
- Last Refresh:
- Apr 5 at 10:46 pm
Property Features for 2960 Penn Ave
General Information
- Standard status
- Active
- Size
- 7,858 SF
- Lot size
- 0.57 Acres
- Property subtype
- RETAIL
Listing agent Samuel Griffeth (574) 270-0361
Listing office Matthews Real Estate Investment Services | Phoenix (574) 270-0361
Listing date Aug 20, 2025
Source Moodyscre
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 Matthews Real Estate Investment Services | Phoenix
HighLights
- Corporate Guarantee NN+ Lease with ±8.75 Years of Term Remaining, limiting landlord responsibilities to Roof and Structure only.
- Private Equity Backed Tenant: Classic Collision was purchased by TPG, the 4th largest PE firm in the world, in April 2024.
- Strategic retail property suitable for stable income from auto services: 7,858 SF single‑tenant auto‑repair building on a 0.57 acre lot.
- Essential, Recession‑resistant Auto Service Tenant: Classic Collision has 325+ state of the art repair facilities.
- Excellent Access & Visibility: Positioned along Penn Ave, near US‑90 and I‑10 exit 136, offering solid regional connectivity and traffic flow.
- Stable population with growth: Marianna has seen modest population growth (~2% from 2022–23), with steady median household income rising ~33% to $66K.
Overview
This strategic retail property features a 7,858-square-foot single-tenant auto-repair building, constructed in 2000, situated on a 0.57-acre lot. Classified as Class C retail, the property is suitable for generating stable income from auto services. The property is located within Marianna city limits along Penn Ave, near US-90 and I-10 exit 136, providing regional connectivity and traffic flow. Marianna has experienced modest population growth of approximately 2% from 2022 to 2023, along with a steady increase in median household income, rising by about 33% to $66,000. The tenant, Classic Collision, is backed by private equity firm TPG, acquired in April 2024. The corporate guarantee NN+ lease has approximately 8.75 years of term remaining, with landlord responsibilities limited to the roof and structure. The essential, recession-resistant auto service tenant makes this an attractive investment opportunity.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Auto shops
Similar Places Nearby
- John Bryan's Automotive Inc. — 2900 Borden St, Marianna, FL 32448
- Marianna Toyota Service — 2961 Penn Ave, Marianna, FL 32448
- Marianna Toyota Parts — 2961 Penn Ave, Marianna, FL 32448
- Bryant's Enterprises BP — 2880 Orange St, Marianna, FL 32448
- The Purple Tire Shop — 2964 milton ave, marianna, fl 32448
Location Insight
- Map
- Local Demand
- City
- Marianna
- County
- Jackson
- State
- Florida
- Longitude
- -85.2269
- Latitude
- 30.7744
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - Single-tenant auto repair building with long-term corporate lease.
Where is this auto shop located?
The property is located at 2960 Penn Ave Marianna, FL.
What is the asking price?
The asking price for this property is $1,150,685.
What are key features of this property?
This property features: Corporate Guarantee NN+ Lease with ±8.75 Years of Term Remaining, limiting landlord responsibilities to Roof and Structure only.; Private Equity Backed Tenant: Classic Collision was purchased by TPG, the 4th largest PE firm in the world, in April 2024.; Strategic retail property suitable for stable income from auto services: 7,858 SF single‑tenant auto‑repair building on a 0.57 acre lot.
