Auto Repair For Sale • 1,848 SF
| Offered at $2,922,000 with a 6.75% Cap Rate: Provides investors with an attractive yield backed by a stable, long-term lease |
| Brand-New 15-Year Absolute NNN Lease Commencing at Close of Escrow: The tenant’s execution of a new 15-year lease at closing |
| Built-in Rental Escalations – 10% Every 5 Years: Structured rent increases every five years offer a reliable hedge against inflation |
| Potential Tax Advantages: Automotive service properties may qualify for accelerated depreciation, enhancing after-tax returns. |
| Recession-Resistant, E-Commerce-Resilient Asset Class: The quick lube sector is insulated from economic volatility and online disruption |
| Prime Retail Corridor with National Co-Tenancy: Strategically positioned near major national retailers including Kroger, The Home Depot, Walmart |
| Cap Rate: | 6.75 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Jiffy Lube |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Augusta Regional at Bush Field | 43 min | - | 26.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 6 |
| Type: | Surface |
| Included in Rent: | Yes |