Property summary
This exceptional investment opportunity presents a 7,104 square foot Tire Kingdom, operating under an absolute triple-net (NNN) lease, located at 5947 Brookhill Blvd, Sarasota, FL 34232. The property sits on a 0.705-acre lot and boasts a 10.4-year remaining lease term (expiring 6/30/2035), with three 5-year renewal options at market rates. Built in 2010, this single-tenant building enjoys 100% occupancy and benefits from a corporate guaranty. The property generates a strong NOI of $232,284, representing a 6.00% cap rate. The location is strategically positioned on a high-traffic stretch of Brookhill Blvd, offering excellent visibility and accessibility. This fee-simple ownership includes both land and building, providing a secure and stable investment with significant long-term potential. The property's strong performance, coupled with the long-term lease and favorable location, makes it an attractive investment for discerning buyers seeking a reliable, high-performing asset in a thriving market. The lease commenced July 1, 2020. Rent increases are tied to market adjustments.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store Auto Parts Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The intent and purpose of the ILW district is to permit light manufacturing, processing, storage and warehousing, wholesaling and distribution and to facilitate the proper development and use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
ILW · Sarasota, FLThe intent and purpose of the ILW district is to permit light manufacturing, processing, storage and warehousing, wholesaling and distribution and to facilitate the proper development and use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The intent and purpose of the ILW district is to permit light manufacturing, processing, storage and warehousing, wholesaling and distribution and to facilitate the proper development and use
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for ILW in Sarasota, FL.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight