Harbor Freight Sebring, FL

515 US Highway 27 South
Sebring, FL

Price: $4928000
Cap Rate: 6.00%
NOI: $295,632
Building Size: Approx. 18480 Sq. Ft.
Lot Size: Approx. 1.43 Acres
Type: Single-Tenant / Retail

Investment Overview

  • 18,480+/- SF Building on 1.43+/- Acre Site
  • 11-Year Corp Lease w/ 12% Rent Bump Year 7
  • NOI Includes Pole Sign Lease Revenue
  • Located along U.S-27 (46K VPD) & Mall Ridge Rd
  • Near Tire Kingdom, AAMCO, Chili’s, IHOP, Shell, Five Guys
  • Adjacent to Lakeshore Mall (459,972 S.F) & Multiple Dealerships
  • Attractions: Sebring International Raceway | Lake Glenada Park
  • Near well-known beaches in St. Petersburg, Ft. Myers, & Palm Bay
  • Sebring is located 20-Miles NE of St. Petersburg | 82-Miles SE of Tampa
  • 3-Mile Radius: Estimated Day Pop: 11,277 l Average HH Income:  $58,299
  • Greater Tampa Bay (MSA) | Top 20 MSA in the US | Population: 3,091,399

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