Landes Group Acquires Winter Park, FL Tire Kingdom
The Landes Group announced today the purchase of a Tire Kingdom property located in Winter Park, Florida. This property contains two automotive buildings consisting of 2,436 and 3,552 square feet under one lease.
This property is located at a signalized intersection with traffic counts exceeding 50,000 vehicles per day. Retailers in the direct immediate vicinity include BMW Dealership, The Home Depot, Denny's, Chevron, Walmart Market, McDonald's and numerous others.
"Our relationship with Tire Kingdom allowed the Landes Group to precisely structure lease terms and conditions to enhance the value of the asset and help expand the Tire Kingdom brand" said CEO Brett Landes.
The Landes group is a Dallas-based family-owned real estate firm whose primary mission it to assist corporate real estate users and investors in optimizing the economics of their real estate investments.