Auto Repair For Sale • 1,438 SF
6.62% average cap rate/all cash return over the primary lease term |
Absolute triple net lease | Zero landlord responsibilities |
New 15-year lease at Close of escrow with 10% rent increases every 5 years, beginning in year 6 |
Full-term guaranty from a High-growth operator | On Track for ±50 locations in this territory by end of 2024 |
Outparcel to City Square shopping center (anchored by Smart N Final & Hobby Lobby), the dominant retail center serving the trade area |
Across from planned 300 acre City Center mixed use Development w/ 2,100 res units, retail, hospital, hospitality uses |
Airport | Drive | Walk | Distance |
---|---|---|---|
Laughlin/Bullhead International | 16 min | - | 7.6 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 9 |
Type: | Surface |
Included in Rent: | Yes |