Commercial
Gerber Auto and Collision
Lake Park, Florida
Marcus & Millichap
Read the real estate offering memorandum that Marcus & Millichap used in 2023 to pitch a 5.75% cap rate, 12,290 SF auto property investment in Lake Park, Florida. The property offers $143,821 in net operating income and a structure built in 1972. Browse 100+ other real estate OM examples from actual transactions.
Price
$2.5M
Cap Rate
5.75%
NOI
$143,821
Property Details
- Address
- Lake Park, Florida
- Market
- Lake Park, Florida
- Asset Class
- Commercial
- Property Type
- Auto
- Building Size
- 12,290 SF
- Year Built
- 1972
- Year Renovated
- 2023
- Land Size
- 1.0 acres
- Broker
- Chris Biuso, Scott Gould, Rory Shelby
- Year Offered
- 2023
Financial Summary
- Price / Asking Price
- $2.5M
- Cap Rate
- 5.75%
- Net Operating Income
- $143,821
