Building Size: | 40,000 SF |
Lot Size: | 5.25 Acres |
Occupancy: | 100.00% |
Price: | $6,250,000 |
Price/SF: | $156.25 |
Cap Rate: | 6.70% |
Net Lease Investment: | Yes |
Years left on Lease: | 5 |
Property Description:
Seller to sign a new 5 year lease at $35,000 a month NNN with 3% annual increases and two five year options to renew.
An outstanding new car and commercial vehicle sales facility. Currently a Pontiac, Buick, GMC dealership. Has been in business for over 13 years!
40,000 square feet of structures including: Main showroom with closing and admin offices. Parts showroom with warehouse. 14 bay vehicle service building. 13 bay large vehicle service building. Service kiosks. Paved, lighted and landscaped.
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