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14475 7th St

Victorville, CA 92395

$4,995,000

Auto Repair For Sale  •  19,630 Sq Ft

Property Details

  • Property Type Auto Repair
  • Total Building Size 19,630 Sq Ft
  • Lot Size 1.35 ac
  • Building Class B
  • Year Built 1996
  • Cap Rate 6.07 %
  • Tenancy Single
  • Zoning C-2, Victorville
41 Transit Score
59 Walk Score

Description

MOTIVATED SELLER - BRING YOUR OFFERS

CAP RATE MORE THAN 6 %

SINGLE TENANT  Corporate guarantee lease, Absolute  triple net , solid investment  with annual rent increase 1.50%  , commands entire huge  corner lot with long frontage  ,PEPBOYS is in this location for many years , lease expiration date 2023  with 4  options period.  see rent roll in attached.  . for more information and lease agreement call/contact  Listing agent  FLORA GHODSIAN.  Cell phone:  (310) 991-3938   -   Office:  (310) 271-2229

Highlights

Corporate guarantee lease
Annual increase rent
Absolute triple net with no landlord responsibility

Property Flyers

Cap Rate: 6.07 %

Major Tenants

Tenant SF Occupied Lease End Date
PEPBOYS AUTO 7/31/2023

Amenities

  • Pylon Sign

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 72
Type: Surface
Included in Rent: Yes
Flora Ghodsian 310-271-2229 Nelson Shelton Real Estate
Flora Ghodsian 310-271-2229 Nelson Shelton Real Estate