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232 Grant Ave
Auburn, NY 13021

$2,046,428 USD

Auto Repair For Sale  •  1,324 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 1,324 SF
  • Lot Size 0.56 AC
  • Building Class B
  • Year Built 2025
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning HC
0 Transit Score
51 Walk Score

Highlights

Brand new 2025 build to suit construction for Take 5 Oil Change
15-year absolute NNN lease with zero landlord responsibilities
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)
Corporate guarantee from an experienced Take 5 Oil Change operator (+60 Take 5 locations & 245 locations across all franchise brands)
± 30,000 Vehicles daily on Grant Ave directly in front of the store
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Take 5 Oil Change 5/1/2040

Amenities

  • Pylon Sign

Public Transportation

AirportDriveWalkDistance
Syracuse Hancock International 42 min - 31.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services