List Search

1045 Ridge Rd
Webster, NY 14580

$2,318,657 USD

Auto Repair For Sale  •  1,610 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 1,723 SF
  • Lot Size 1.25 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 7.00 %
0 Transit Score
55 Walk Score

Highlights

Brand new 2024 build-to-suit construction
15-year absolute NNN lease with zero landlord responsibilities for maintenance, taxes, insurance, or capital expenditures
10% rent increases every 5 years for the entire term of the lease (base + options)
The property qualifies for bonus depreciation (consult with a tax professional for details)
Full-term franchise guarantee from an experienced Take 5 Oil Change operator (±60 T5 locations & 245 locations across all franchise brands)
Affluent demographics with an average household income of $136,783 annually (5-mile radius)
Cap Rate: 7.00 %

Public Transportation

Commuter RailDriveWalkDistance
17 min - 9.8 mi
AirportDriveWalkDistance
Frederick Douglass/Greater Rochester International 26 min - 15.0 mi
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services