NORTH MIAMI BEACH, Fla. (August 20, 2018)—Tiktin Real Estate Investment Services (TREIS), a South Florida-based commercial real estate investment sales brokerage firm, has been named the exclusive sales agency of a 1.19-acre, 7,534 SF property leased by Kauffman Tire in Thomasville, GA. TREIS President and Broker Adam J. Tiktin has listed the building on behalf of ownership for $3.04 million.
Kauffman Tire, located at 14005 U.S. Highway 19 South, is the outparcel to Lowe’s Home Improvement. The tenant has 17 years remaining on its double net lease, which calls for rental increases every five years along with four five-year options to renew.
The building was built as a build-to-suit for Kauffman Tire in 2015 and is situated near the interchange of multiple highways including U.S. Highway 19 and U.S. Route 84. There are traffic counts in excess of 29,220 and 15,000 vehicles per day, respectively. The property benefits from 210 feet of frontage along U.S. Highway 19.
For more information, please call 305-363-4750 or 844-4-TIKTIN or visit www.tiktinrealestate.com.
About Tiktin Real Estate Services
Tiktin Real Estate Investment Services (TREIS) is a South Florida-based commercial real estate investment sales brokerage firm specializing in the sale of shopping centers and office buildings in Florida and single-tenant net lease properties nationally. Founded in 2001 by industry veteran Adam J. Tiktin, TREIS is committed to a higher level of service and an unmatched standard of integrity. The investment sales firm is distinguished by its personalized approach, transactional expertise, comprehensive market analysis and aggressive strategies. www.tiktinrealestate.com.