Description
Sale and Leaseback at a target 7% cap rate. Proposed annual lease of $106,750 with 10-yr term (negotiable) and an absolute NNN lease. Current owner and future tenant is an Auto Collision Center. 19,118 SF retail property on 2.09 acres of land. Substantial improvements already made to the building with more to come. Property is adjacent to a site for a new 325,000 SF Bosch facility that is supposed to be in place within 24-months bringing 400 new jobs to the area.
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0BEDS
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2.09ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Offered by Newleaf Commercial Real Estate: 704-942-0983. Copyright 2023 Canopy MLS. All rights reserved.Description
Sale and Leaseback at a target 7% cap rate. Proposed annual lease of $106,750 with 10-yr term (negotiable) and an absolute NNN lease. Current owner and future tenant is an Auto Collision Center. 19,118 SF retail property on 2.09 acres of land. Substantial improvements already made to the building with more to come. Property is adjacent to a site for a new 325,000 SF Bosch facility that is supposed to be in place within 24-months bringing 400 new jobs to the area.
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