1140 Maguire Rd Ocoee, FL 34761-2917

Property Details for 1140 Maguire Rd

Lot size

0.62 lot acres

Zone code

C-3

Property type

Commercial land

APN

20-22-28-9138-03-000

APU

202228913803000

Description

Exceptional investment opportunity: a 4,872 square foot, single-tenant auto shop in Ocoee, Florida, boasting a 15-year absolute NNN lease with a strong corporate guarantee. The property, built in 2023, sits on a 0.62-acre lot at 1140 Maguire Rd, 34761, enjoying a prime location with high visibility and traffic counts exceeding 42,000 vehicles daily. The tenant, Christian Brothers Automotive, a nationally recognized and rapidly expanding brand (over 275 locations), ensures consistent income with a 100% occupancy rate. The lease includes annual rent escalations of 1.5% starting in year six, extending the lease term up to 65 years. The property offers a compelling 6.25% cap rate and a Net Operating Income (NOI) of $270,000, with an asking price of $4,320,000 ($886.70/sq ft). The surrounding area features a robust demographic profile, including a population exceeding 189,000 within a 5-mile radius and an average household income surpassing $100,000. Nearby retailers include major brands like Walmart, Best Buy, and Publix, further enhancing the property's desirability and potential for long-term growth. This is a rare opportunity to acquire a stable, high-performing asset with significant upside potential.