TBC Headquarters

4300 TBC Way, Palm Beach Gardens, Florida

$21,000,000

Details

Price : $21,000,000
NOI : $1,060,372
Price Per SF : $473.18
Building Size : 44,381 Sq Ft
Lot Size (AC) : 0.52
Year Built : 2007
Lease Type : NN+
Lease Expiration : 06/30/2024
Renewal Options : None
Rental Increases : Annual Increase 4 Times CPI Prior Year with Max 2.50%
Occupancy : 100%
Status : Available
Property Type : Retail
Sold : No

Investment Highlights

Tax Free Income State and lease structured with 2.50% annual increases.
Traffic Counts in Excess of 72,710+ Cars Daily Passing Through on PGA Blvd
Great Residential Infill With 5 Mile Demos in Excess of 158,171+ Residents
Affluent Area With Average Household Income Exceeding $109,401+ in 3 Mile Radius
Prominently located on PGA Boulevard, just east of Interstate 95 in the PGA Corporate Center
TBC is the parent company of Tire Kingdom, Midas and several other national automobile companies
NN+ Lease Structure | All Expenses and Costs Reimbursed by Tenant | Landlord Responsible for Roof Replacemen

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