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18300 Conneaut Lake Rd
Meadville, PA 16335

$2,000,000 USD

Auto Repair For Sale  •  1,742 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 1,742 SF
  • Lot Size 0.83 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 6.50 %
  • Tenancy Single
0 Transit Score
38 Walk Score

Highlights

15-Year Absolute NNN Lease with 10% Rent Increases Every 5-Years
Brand New Construction – Take 5 Oil Change 3-Bay Prototype
Fee Simple Ownership of Land and Building allows for Depreciation
±20,500 Vehicles Per Day on Conneaut Lake Rd
±40,831 People within a 10-Mile Radius of the Property
$89,720 Average Household Income in a 5-Mile Radius
Cap Rate: 6.50 %
Joseph Nelson 424-220-7244 Matthews Real Estate Investment Services
Joseph Nelson 424-220-7244 Matthews Real Estate Investment Services